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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Long-Term Downtrend (-90) - ARSCOP is in a strong downtrend that is likely to continue. While ARSCOP 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 ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARSCOP
The long-term trend has been DOWN since Sep 8th, 2022 at 31.3392490
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 4.3770496
The short-term trend has been DOWN since Dec 9th, 2024 at 4.3781231
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2946274 | 4.2946274 | 4.2946274 | 4.2946274 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2964321 | 2024-12-23 07:25:14 |