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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)

Long-Term Downtrend (-90) - ARSHKD is in a strong downtrend that is likely to continue. While ARSHKD 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 ARSHKD?

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

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FOREX_ARSHKD
Open High Low ARSHKD Price Change
0.07838585 0.07842371 0.07835703 0.07841441 +0.00002900
Entry Signal

MarketClub’s Trade Triangles for ARSHKD

long term down The long-term trend has been DOWN since Nov 23rd, 2018 at 0.20880000

intermediate term down The intermediate-term trend has been DOWN since Jan 1st, 2020 at 0.12978921

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.07832372

Smart Scan Analysis for ARSHKD

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

-90
Smart Scan Analysis for ARSHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07838585 0.07842371 0.07835703 0.07841441 +0.00002900
Prev. Close Volume Bid Ask Time
0.07838585 2021-10-19 07:43:03
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