Forex Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Argentine Peso/Canadian Dollar (FOREX:ARSCAD)
Strong Downtrend (-100) - ARSCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ARSCAD
The long-term trend has been DOWN since Apr 14th, 2020 at 0.02135298
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.02161850
The short-term trend has been DOWN since Apr 9th, 2021 at 0.01358867
Smart Scan Analysis for ARSCAD
Based on our trend formula, ARSCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).