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Forex Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
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.
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MarketClub’s Trade Triangles for AUDARS
The long-term trend has been UP since Apr 23rd, 2020 at 42.412566
The intermediate-term trend has been UP since Oct 5th, 2020 at 55.260667
The short-term trend has been DOWN since Oct 13th, 2020 at 55.284919
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.951153 | 55.112335 | 54.764093 | 54.808401 | -0.142752 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.951153 | 2020-10-19 18:34:52 |