Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Singapore Dollar/Argentine Peso (FOREX:SGDARS)
Bull Market Weakness (+75) - SGDARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDARS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDARS
The long-term trend has been UP since May 17th, 2017 at 11.229500
The intermediate-term trend has been DOWN since Jan 28th, 2020 at 44.126210
The short-term trend has been UP since Feb 11th, 2020 at 43.905211
Smart Scan Analysis for SGDARS
Based on our trend formula, SGDARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).