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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Argentine Peso/Swiss Franc (FOREX:ARSCHF)

Long-Term Downtrend (-90) - ARSCHF is in a strong downtrend that is likely to continue. While ARSCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ARSCHF?

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

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

FOREX_ARSCHF
Open High Low ARSCHF Price Change
0.00102137 0.00102357 0.00101993 0.00102175 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSCHF

long term down The long-term trend has been DOWN since Jul 29th, 2021 at 0.00939169

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.00104238

short term down The short-term trend has been DOWN since May 27th, 2024 at 0.00102448

Smart Scan Analysis for ARSCHF

Based on our trend formula, ARSCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ARSCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00102137 0.00102357 0.00101993 0.00102175 0.00000000
Prev. Close Volume Bid Ask Time
0.00102137 2024-05-29 12:01:56
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