Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Swiss Franc/Argentine Peso (FOREX:CHFARS)

Long-Term Uptrend (+90) - CHFARS is in a strong uptrend that is likely to continue. While CHFARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_CHFARS
Open High Low CHFARS Price Change
979.0793 980.4566 976.9718 978.5907 -0.4886
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long-term trend has been UP since Jul 29th, 2021 at 106.47712

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 959.34010

short term up The short-term trend has been UP since May 27th, 2024 at 976.10600

Smart Scan Analysis for CHFARS

Based on our trend formula, CHFARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
979.0793 980.4566 976.9718 978.5907 -0.4886
Prev. Close Volume Bid Ask Time
979.0793 2024-05-29 11:15:02
Get a free daily analysis and signals for Swiss Franc/Argentine Peso (CHFARS) - Request Your Free Report.