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.
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MarketClub’s Trade Triangles for ARSZAR
The long-term trend has been DOWN since Jan 21st, 2022 at 0.14452263
The intermediate-term trend has been DOWN since Mar 5th, 2024 at 0.02240957
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).
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 |