Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

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
271.38271 271.40242 271.32641 271.32829 -0.05442
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Dec 14th, 2020 at 61.579381

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 257.311060

short term up The short-term trend has been UP since Nov 14th, 2023 at 257.656000

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
271.38271 271.40242 271.32641 271.32829 -0.05442
Prev. Close Volume Bid Ask Time
271.38271 2023-12-11 00:46:52
Get a free daily analysis and signals for Singapore Dollar/Argentine Peso (SGDARS) - Request Your Free Report.