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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Long-Term Uptrend (+90) - AUDARS is in a strong uptrend that is likely to continue. While AUDARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_AUDARS
Open High Low AUDARS Price Change
60.539638 60.603742 60.502028 60.526263 -0.013375
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long-term trend has been UP since Apr 23rd, 2020 at 42.412566

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 55.260667

short term up The short-term trend has been UP since Nov 15th, 2020 at 58.051186

Smart Scan Analysis for AUDARS

Based on our trend formula, AUDARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.539638 60.603742 60.502028 60.526263 -0.013375
Prev. Close Volume Bid Ask Time
60.539638 2020-12-04 03:16:48
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