Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 13, 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
130.95947 130.99959 130.85794 130.89684 -0.06263
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long-term trend has been UP since Dec 19th, 2021 at 13.08964

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 108.51836

short term up The short-term trend has been UP since Nov 25th, 2024 at 129.21900

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
130.95947 130.99959 130.85794 130.89684 -0.06263
Prev. Close Volume Bid Ask Time
130.95947 2024-12-13 09:34:45
Get a free daily analysis and signals for Hong Kong Dollar/Argentine Peso (HKDARS) - Request Your Free Report.