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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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
40.728547 40.787102 40.715974 40.782204 +0.053657
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long term trend has been UP since Aug 12th, 2019 at 31.905000

intermediate term up The intermediate term trend has been UP since Jul 25th, 2019 at 30.043500

short term down The short term trend has been DOWN since Dec 10th, 2019 at 40.861786

Smart Scan Analysis for AUDARS

Based on a pre-defined weighted trend formula for chart analysis, AUDARS scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.728547 40.787102 40.715974 40.782204 +0.053657
Prev. Close Volume Bid Ask Time
40.728547 40.779433 40.784975 2019-12-11 04:09:26
Want to analyze Australian Dollar/Argentine Peso AUDARS or another symbol? Try our Free Forex Trend Analysis Report.