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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

Long-Term Uptrend (+90) - SGDARS is in a strong uptrend that is likely to continue. While SGDARS 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 SGDARS?

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.

FOREX_SGDARS
Open High Low SGDARS Price Change
98.20226 98.24730 97.97431 97.97431 -0.22795
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Aug 28th, 2019 at 41.31850

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2021 at 74.27909

short term up The short-term trend has been UP since Jul 4th, 2022 at 90.16905

Smart Scan Analysis for SGDARS

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

+90
Smart Scan Analysis for SGDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
98.20226 98.24730 97.97431 97.97431 -0.22795
Prev. Close Volume Bid Ask Time
98.20226 2022-08-15 03:00:13
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