Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
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.
MarketClub’s Trade Triangles for CADARS
The long-term trend has been UP since Oct 4th, 2021 at 78.28386
The intermediate-term trend has been UP since Nov 15th, 2023 at 256.82692
The short-term trend has been UP since Nov 14th, 2023 at 254.04366
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).