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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Sidelines Mode (-55) - CADARS 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 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
714.1677 714.1773 712.3147 712.8789 -1.2888
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long-term trend has been UP since Dec 28th, 2021 at 80.2637

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 710.8076

short term up The short-term trend has been UP since Dec 23rd, 2024 at 713.1927

Smart Scan Analysis for CADARS

Based on our trend formula, CADARS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
714.1677 714.1773 712.3147 712.8789 -1.2888
Prev. Close Volume Bid Ask Time
714.1677 2024-12-26 05:27:27
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