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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)
Countertrend Up (+85) - HKDARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for HKDARS
The long-term trend has been UP since Nov 28th, 2021 at 12.93938
The intermediate-term trend has been UP since Mar 13th, 2024 at 108.51836
The short-term trend has been DOWN since Nov 15th, 2024 at 128.05944
Smart Scan Analysis for HKDARS
Based on our trend formula, HKDARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 128.70714 | 128.74253 | 128.68818 | 128.72998 | +0.02284 |
| Prev. Close | Volume | Bid | Ask | Time |
| 128.70714 | 2024-11-20 03:15:18 |