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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Strong Uptrend (+100) - CADARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CADARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADARS
Open High Low CADARS Price Change
719.3669 723.1388 719.2074 721.2935 +1.9266
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long-term trend has been UP since Dec 30th, 2021 at 80.40159

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2024 at 719.92950

short term up The short-term trend has been UP since Dec 5th, 2024 at 722.32800

Smart Scan Analysis for CADARS

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

+100
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
719.3669 723.1388 719.2074 721.2935 +1.9266
Prev. Close Volume Bid Ask Time
719.3669 2024-12-05 23:28:16
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