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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Sidelines Mode (+55) - AUDARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_AUDARS
Open High Low AUDARS Price Change
608.86745 610.35690 607.66500 607.66500 -1.20245
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long-term trend has been UP since Jan 12th, 2022 at 75.50003

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 574.51130

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 621.39460

Smart Scan Analysis for AUDARS

Based on our trend formula, AUDARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
608.86745 610.35690 607.66500 607.66500 -1.20245
Prev. Close Volume Bid Ask Time
608.86745 2024-07-26 20:11:34
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