Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Australian Dollar/Argentine Peso (FOREX:AUDARS)
Bear Market Rally (-75) - AUDARS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDARS as it may be in the beginning of a reversal.
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 DOWN since Feb 2nd, 2020 at 40.206356
The intermediate-term trend has been UP since Feb 13th, 2020 at 41.312643
The short-term trend has been DOWN since Feb 17th, 2020 at 41.141837
Smart Scan Analysis for AUDARS
Based on our trend formula, AUDARS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).