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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Australian Dollar/Argentine Peso (FOREX:AUDARS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
29.8805 29.9500 29.8375 29.8380 -0.0425
Entry Signal

MarketClub’s Trade Triangles for AUDARS

long term up The long term trend has been UP since Dec 26th, 2017 at 13.9490

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2019 at 30.5815

short term down The short term trend has been DOWN since Jun 18th, 2019 at 29.9825

Smart Scan Analysis for AUDARS

Based on a pre-defined weighted trend formula for chart analysis, AUDARS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AUDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.8805 29.9500 29.8375 29.8380 -0.0425
Prev. Close Volume Bid Ask Time
29.8805 29.8350 29.8410 2019-06-19 12:54:17
Want to analyze Australian Dollar/Argentine Peso AUDARS or another symbol? Try our Free Forex Trend Analysis Report.