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Forex Trend Analysis Report
Prepared for you on Friday, July 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.
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MarketClub’s Trade Triangles for CADARS
The long-term trend has been UP since Sep 2nd, 2021 at 77.93446
The intermediate-term trend has been UP since Apr 25th, 2024 at 639.35748
The short-term trend has been DOWN since Jul 19th, 2024 at 672.90630
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 672.74130 | 673.16870 | 671.06652 | 671.69570 | -1.04560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 672.74130 | 2024-07-26 20:31:31 |