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Forex Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
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.
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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 Dec 7th, 2021 at 80.26490
The short-term trend has been UP since Aug 8th, 2022 at 103.29599
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.94768 | 104.05957 | 103.70480 | 103.90147 | -0.04621 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.94768 | 2022-08-09 16:32:26 |