Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Argentine Peso/South African Rand (FOREX:ARSZAR)
Crossroads (-60) - ARSZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARSZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSZAR
The long-term trend has been UP since Aug 19th, 2021 at 0.15541780
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.14805273
The short-term trend has been DOWN since Oct 13th, 2021 at 0.15019174
Smart Scan Analysis for ARSZAR
Based on our trend formula, ARSZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).