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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Canadian Dollar/Argentine Peso (FOREX:CADARS)
Weak Downtrend (-65) - CADARS is showing signs of a strengthening downtrend. Monitor CADARS as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for CADARS
The long-term trend has been UP since Dec 23rd, 2021 at 79.71964
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 710.80760
The short-term trend has been DOWN since Dec 6th, 2024 at 718.51320
Smart Scan Analysis for CADARS
Based on our trend formula, CADARS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 711.8988 | 711.8988 | 709.2454 | 709.2454 | -2.6534 |
| Prev. Close | Volume | Bid | Ask | Time |
| 711.8988 | 2024-12-21 11:23:35 |