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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Canadian Dollar/Argentine Peso (FOREX:CADARS)

Weak Uptrend (+65) - CADARS is showing signs of weakening momentum to the upside. Monitor CADARS as it may be in the beginning stages of a reversal.

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
633.12757 634.40828 631.40640 633.49318 +0.36561
Entry Signal

MarketClub’s Trade Triangles for CADARS

long term up The long-term trend has been UP since Oct 4th, 2021 at 78.28386

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 628.68480

short term up The short-term trend has been UP since Apr 18th, 2024 at 632.60858

Smart Scan Analysis for CADARS

Based on our trend formula, CADARS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CADARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
633.12757 634.40828 631.40640 633.49318 +0.36561
Prev. Close Volume Bid Ask Time
633.12757 2024-04-19 17:45:16
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