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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Bull Market Weakness (+75) - CADARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADARS as it may be in the beginning stages of a reversal.

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
46.406910 46.423665 46.298902 46.344902 -0.062008
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 44.763178

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 Apr 3rd, 2020 at 45.904790

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).

+70
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.406910 46.423665 46.298902 46.344902 -0.062008
Prev. Close Volume Bid Ask Time
46.406910 46.341951 46.347853 2020-04-09 07:36:56
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