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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.

FOREX_ARSZAR
Open High Low ARSZAR Price Change
0.15001597 0.15104101 0.15001597 0.15001597 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term down The long-term trend has been DOWN since Jun 4th, 2020 at 0.24458383

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2021 at 0.16094543

short term down 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).

-100
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15001597 0.15104101 0.15001597 0.15001597 0.00000000
Prev. Close Volume Bid Ask Time
0.15001597 2021-05-08 11:31:00
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