Forex Trend Analysis Report
Prepared for you on Tuesday, June 15, 2021.
Argentine Peso/Australian Dollar (FOREX:ARSAUD)
Sidelines Mode (-55) - ARSAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARSAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSAUD
The long-term trend has been DOWN since Apr 23rd, 2020 at 0.02357795
The intermediate-term trend has been DOWN since Oct 5th, 2020 at 0.01809605
The short-term trend has been UP since Jun 15th, 2021 at 0.01367227
Smart Scan Analysis for ARSAUD
Based on our trend formula, ARSAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).