Forex Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
Australian Dollar/Argentine Peso (FOREX:AUDARS)
Sidelines Mode (+55) - AUDARS 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 AUDARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDARS
The long-term trend has been DOWN since Aug 18th, 2021 at 70.22980
The intermediate-term trend has been UP since Sep 1st, 2021 at 71.68695
The short-term trend has been DOWN since Sep 7th, 2021 at 72.41461
Smart Scan Analysis for AUDARS
Based on our trend formula, AUDARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).