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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)

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

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

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

FOREX_HKDARS
Open High Low HKDARS Price Change
110.94582 111.01991 110.64509 111.00037 +0.05455
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long-term trend has been UP since Apr 21st, 2021 at 11.982804

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 108.518360

short term up The short-term trend has been UP since Apr 15th, 2024 at 110.622080

Smart Scan Analysis for HKDARS

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

+90
Smart Scan Analysis for HKDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.94582 111.01991 110.64509 111.00037 +0.05455
Prev. Close Volume Bid Ask Time
110.94582 2024-04-17 20:26:39
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