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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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
17.281133 17.282125 17.273083 17.278142 -0.002991
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long-term trend has been UP since Aug 27th, 2019 at 7.105850

intermediate term up The intermediate-term trend has been UP since Jan 1st, 2020 at 7.705204

short term up The short-term trend has been UP since Jul 25th, 2022 at 16.541780

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
17.281133 17.282125 17.273083 17.278142 -0.002991
Prev. Close Volume Bid Ask Time
17.281133 2022-08-18 06:22:44
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