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.
MarketClub’s Trade Triangles for ARSZAR
The long-term trend has been DOWN since Dec 18th, 2017 at 0.74032500
The intermediate-term trend has been UP since Jan 14th, 2020 at 0.24177177
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).