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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Argentine Peso/Canadian Dollar (FOREX:ARSCAD)

Sidelines Mode (-55) - ARSCAD 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 ARSCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSCAD
Open High Low ARSCAD Price Change
0.00148646 0.00149023 0.00148551 0.00148877 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for ARSCAD

long term down The long-term trend has been DOWN since Sep 2nd, 2021 at 0.01283129

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2024 at 0.00156407

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.00148603

Smart Scan Analysis for ARSCAD

Based on our trend formula, ARSCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ARSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00148646 0.00149023 0.00148551 0.00148877 +0.00000200
Prev. Close Volume Bid Ask Time
0.00148646 2024-07-26 20:57:10
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