Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSHKD
The long-term trend has been DOWN since Feb 7th, 2019 at 0.20673500
The intermediate-term trend has been DOWN since Jan 1st, 2020 at 0.12978921
The short-term trend has been DOWN since Jan 10th, 2022 at 0.07547766
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).