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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
South African Rand/Singapore Dollar (FOREX:ZARSGD)
Strong Uptrend (+100) - ZARSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARSGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSGD.
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 ZARSGD
The long-term trend has been UP since Apr 9th, 2024 at 0.07294151
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.07299330
The short-term trend has been UP since Apr 25th, 2024 at 0.07142655
Smart Scan Analysis for ZARSGD
Based on our trend formula, ZARSGD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07269751 | 0.07338368 | 0.07260734 | 0.07316606 | +0.00046900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07269751 | 2024-05-01 17:40:53 |