Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Argentine Peso/South African Rand (FOREX:ARSZAR)
Strong Downtrend (-100) - ARSZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 4th, 2020 at 0.24458383
The intermediate-term trend has been DOWN since Mar 17th, 2021 at 0.16094543
The short-term trend has been DOWN since Apr 13th, 2021 at 0.15665804
Smart Scan Analysis for ARSZAR
Based on our trend formula, ARSZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).