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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Australian Dollar/Argentine Peso (FOREX:AUDARS)
Countertrend Down (-85) - AUDARS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid AUDARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDARS
The long-term trend has been DOWN since Dec 18th, 2024 at 634.85611
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 645.77363
The short-term trend has been UP since Dec 24th, 2024 at 641.27529
Smart Scan Analysis for AUDARS
Based on our trend formula, AUDARS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 640.06662 | 640.34715 | 638.29111 | 638.44585 | -1.62077 |
| Prev. Close | Volume | Bid | Ask | Time |
| 640.06662 | 2024-12-26 09:23:04 |