Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Australian Dollar/Argentine Peso (FOREX:AUDARS)
Long-Term Uptrend (+90) - AUDARS is in a strong uptrend that is likely to continue. While AUDARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jan 12th, 2022 at 75.50003
The intermediate-term trend has been UP since Dec 15th, 2021 at 73.00937
The short-term trend has been UP since Jan 19th, 2022 at 75.20294
Smart Scan Analysis for AUDARS
Based on our trend formula, AUDARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).