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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Strong Uptrend (+100) - CADARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
63.372493 63.695600 63.324121 63.673104 +0.300611
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long-term trend has been UP since Apr 14th, 2020 at 46.831869

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 46.256683

short term up The short-term trend has been UP since Nov 16th, 2020 at 60.832102

Smart Scan Analysis for CADARS

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

+100
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.372493 63.695600 63.324121 63.673104 +0.300611
Prev. Close Volume Bid Ask Time
63.372493 2020-12-04 09:40:53
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