Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Countertrend Down (-85) - ARSZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_ARSZAR
Open High Low ARSZAR Price Change
0.02226640 0.02232910 0.02224428 0.02228816 +0.00002200
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 0.14452263

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 0.02240957

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.02211998

Smart Scan Analysis for ARSZAR

Based on our trend formula, ARSZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02226640 0.02232910 0.02224428 0.02228816 +0.00002200
Prev. Close Volume Bid Ask Time
0.02226640 2024-03-19 05:45:21
Get a free daily analysis and signals for Argentine Peso/South African Rand (ARSZAR) - Request Your Free Report.