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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.
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MarketClub’s Trade Triangles for CADARS
The long-term trend has been UP since Dec 28th, 2021 at 80.2637
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 710.8076
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).
| 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 |