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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.
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MarketClub’s Trade Triangles for SGDARS
The long-term trend has been UP since Aug 28th, 2019 at 41.31850
The intermediate-term trend has been UP since Dec 7th, 2021 at 74.27909
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).
| 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 |