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Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Australian Dollar/Argentine Peso (FOREX:AUDARS)
Countertrend Up (+85) - AUDARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Apr 23rd, 2020 at 42.412566
The intermediate-term trend has been UP since Oct 5th, 2020 at 55.260667
The short-term trend has been UP since Mar 9th, 2021 at 69.761260
Smart Scan Analysis for AUDARS
Based on our trend formula, AUDARS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.33786 | 69.77312 | 69.17813 | 69.75216 | +0.41430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.33786 | 2021-03-09 06:20:27 |