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.
MarketClub’s Trade Triangles for CADARS
The long-term trend has been DOWN since Mar 17th, 2020 at 44.763178
The intermediate-term trend has been UP since Apr 7th, 2020 at 46.256683
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).