Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Swiss Franc/Argentine Peso (FOREX:CHFARS)
Countertrend Up (+85) - CHFARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CHFARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CHFARS
The long-term trend has been UP since Dec 13th, 2021 at 110.41524
The intermediate-term trend has been UP since Dec 5th, 2024 at 1148.18030
The short-term trend has been DOWN since Dec 10th, 2024 at 1150.66270
Smart Scan Analysis for CHFARS
Based on our trend formula, CHFARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1150.0545 | 1153.7793 | 1147.8473 | 1151.2254 | +1.1709 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1150.0545 | 2024-12-11 20:34:24 |