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Forex Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
Argentine Peso/South African Rand (FOREX:ARSZAR)
Bear Market Rally (-75) - ARSZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSZAR as it may be in the beginning of a reversal.
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 Dec 20th, 2021 at 0.15462802
The intermediate-term trend has been UP since Nov 12th, 2024 at 0.01813528
The short-term trend has been DOWN since Nov 28th, 2024 at 0.01789088
Smart Scan Analysis for ARSZAR
Based on our trend formula, ARSZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01794471 | 0.01794959 | 0.01783199 | 0.01783199 | -0.00011300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01794471 | 2024-12-05 04:59:48 |