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Forex Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Bull Market Weakness (+75) - AUDARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDARS as it may be in the beginning stages 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
583.05269 583.85681 583.03862 583.26353 +0.21084
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long-term trend has been UP since Jan 12th, 2022 at 75.50003

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 574.51130

short term down The short-term trend has been DOWN since May 8th, 2024 at 578.67927

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
583.05269 583.85681 583.03862 583.26353 +0.21084
Prev. Close Volume Bid Ask Time
583.05269 2024-05-10 07:18:05
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