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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swiss Franc/Argentine Peso (FOREX:CHFARS)
Sidelines Mode (-55) - CHFARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CHFARS
The long-term trend has been UP since Nov 26th, 2021 at 109.0877
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 1130.9728
The short-term trend has been UP since Nov 18th, 2024 at 1129.5845
Smart Scan Analysis for CHFARS
Based on our trend formula, CHFARS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1133.6561 | 1134.1272 | 1132.1301 | 1133.0978 | -0.5583 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1133.6561 | 2024-11-20 03:49:56 |