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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.

FOREX_AUDARS
Open High Low AUDARS Price Change
54.951153 55.112335 54.764093 54.808401 -0.142752
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long-term trend has been UP since Apr 23rd, 2020 at 42.412566

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 55.260667

short term down 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).

+55
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways 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
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