Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Sidelines Mode (+55) - ARSZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.24229022 0.24384295 0.24228939 0.24375589 +0.00146600
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term down The long-term trend has been DOWN since Dec 18th, 2017 at 0.74032500

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2020 at 0.24177177

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 0.24262044

Smart Scan Analysis for ARSZAR

Based on our trend formula, ARSZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24229022 0.24384295 0.24228939 0.24375589 +0.00146600
Prev. Close Volume Bid Ask Time
0.24229022 0.24373943 0.24377235 2020-02-17 20:16:18
Get a free daily analysis and signals for Argentine Peso/South African Rand (ARSZAR) - Request Your Free Report.