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Forex Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
Swiss Franc/Argentine Peso (FOREX:CHFARS)
Sidelines Mode (+55) - CHFARS 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 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.
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MarketClub’s Trade Triangles for CHFARS
The long-term trend has been UP since Feb 7th, 2019 at 37.87200
The intermediate-term trend has been UP since Nov 30th, 2021 at 109.98654
The short-term trend has been DOWN since Jan 25th, 2022 at 113.85189
Smart Scan Analysis for CHFARS
Based on our trend formula, CHFARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 113.21670 | 113.28191 | 112.25677 | 112.45089 | -0.76581 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.21670 | 2022-01-27 16:11:34 |