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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Long-Term Uptrend (+90) - CADARS is in a strong uptrend that is likely to continue. While CADARS 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 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
80.28568 80.28568 80.28568 80.28568 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long-term trend has been UP since Oct 4th, 2021 at 78.28386

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 78.22781

short term up The short-term trend has been UP since Oct 4th, 2021 at 78.23920

Smart Scan Analysis for CADARS

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

+90
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.28568 80.28568 80.28568 80.28568 0.00000
Prev. Close Volume Bid Ask Time
80.28568 2021-10-24 02:49:13
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