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.
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 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).