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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Swiss Franc/Argentine Peso (FOREX:CHFARS)

Long-Term Uptrend (+90) - CHFARS is in a strong uptrend that is likely to continue. While CHFARS 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 CHFARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFARS
Open High Low CHFARS Price Change
70.05932 70.25572 70.00642 70.19124 +0.13192
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long-term trend has been UP since Feb 19th, 2019 at 39.220000

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2019 at 60.497907

short term up The short-term trend has been UP since May 12th, 2020 at 69.467180

Smart Scan Analysis for CHFARS

Based on our trend formula, CHFARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.05932 70.25572 70.00642 70.19124 +0.13192
Prev. Close Volume Bid Ask Time
70.05932 70.18699 70.19549 2020-05-25 14:50:46
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