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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Bear Market Rally (-75) - AUDARS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDARS as it may be in the beginning of a reversal.

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.

FOREX_AUDARS
Open High Low AUDARS Price Change
640.06662 640.34715 636.86560 637.07674 -2.98988
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 634.85611

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2024 at 645.77363

short term up The short-term trend has been UP since Dec 24th, 2024 at 641.27529

Smart Scan Analysis for AUDARS

Based on our trend formula, AUDARS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
640.06662 640.34715 636.86560 637.07674 -2.98988
Prev. Close Volume Bid Ask Time
640.06662 2024-12-26 14:02:06
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