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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Weak Uptrend (+65) - CADARS is showing signs of weakening momentum to the upside. Monitor CADARS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CADARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADARS
Open High Low CADARS Price Change
717.7485 718.0594 717.2232 717.2232 -0.5253
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long-term trend has been UP since Dec 7th, 2021 at 80.2649

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 708.6764

short term up The short-term trend has been UP since Nov 19th, 2024 at 712.7771

Smart Scan Analysis for CADARS

Based on our trend formula, CADARS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
717.7485 718.0594 717.2232 717.2232 -0.5253
Prev. Close Volume Bid Ask Time
717.7485 2024-11-20 03:48:00
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