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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Crossroads (-60) - ARSZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.14525034 0.14693180 0.14524460 0.14667284 +0.00142200
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term up The long-term trend has been UP since Aug 19th, 2021 at 0.15541780

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.14805273

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.15019174

Smart Scan Analysis for ARSZAR

Based on our trend formula, ARSZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14525034 0.14693180 0.14524460 0.14667284 +0.00142200
Prev. Close Volume Bid Ask Time
0.14525034 2021-10-21 10:54:33
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