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Forex Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

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
265.69274 267.93665 264.12029 267.58306 +1.89032
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long-term trend has been UP since Jun 8th, 2020 at 72.18786

intermediate term up The intermediate-term trend has been UP since May 19th, 2022 at 120.04835

short term up The short-term trend has been UP since May 15th, 2023 at 257.23248

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
265.69274 267.93665 264.12029 267.58306 +1.89032
Prev. Close Volume Bid Ask Time
265.69274 2023-06-05 19:47:21
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