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.
MarketClub’s Trade Triangles for HKDARS
The long-term trend has been UP since Aug 27th, 2019 at 7.105850
The intermediate-term trend has been UP since Jan 1st, 2020 at 7.705204
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).