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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Argentine Peso/Chilean Peso (FOREX:ARSCLP)

Countertrend Down (-85) - ARSCLP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_ARSCLP
Open High Low ARSCLP Price Change
0.9705335 0.9705335 0.9705335 0.9705335 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ARSCLP

long term down The long-term trend has been DOWN since Aug 26th, 2022 at 6.727479

intermediate term down The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 0.968541

short term up The short-term trend has been UP since Dec 17th, 2024 at 0.968541

Smart Scan Analysis for ARSCLP

Based on our trend formula, ARSCLP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9705335 0.9705335 0.9705335 0.9705335 0.0000000
Prev. Close Volume Bid Ask Time
0.9705335 2024-12-21 06:23:56
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