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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDARS
Open High Low AUDARS Price Change
29.8390 29.8445 29.7940 29.8240 -0.0150
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long term trend has been UP since Dec 26th, 2017 at 13.9490

intermediate term down The intermediate term trend has been DOWN since Apr 22nd, 2019 at 29.6615

short term down The short term trend has been DOWN since Apr 23rd, 2019 at 29.6590

Smart Scan Analysis for AUDARS

Based on a pre-defined weighted trend formula for chart analysis, AUDARS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.8390 29.8445 29.7940 29.8240 -0.0150
Prev. Close Volume Bid Ask Time
29.8390 29.8210 29.8270 2019-04-24 04:08:19
Want to analyze Australian Dollar/Argentine Peso AUDARS or another symbol? Try our Free Forex Trend Analysis Report.