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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

Weak Uptrend (+65) - SGDARS is showing signs of weakening momentum to the upside. Monitor SGDARS as it may be in the beginning stages of a reversal.

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
748.3489 748.4827 747.1318 747.4577 -0.8912
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Nov 30th, 2021 at 74.06261

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 743.28410

short term up The short-term trend has been UP since Nov 19th, 2024 at 747.05750

Smart Scan Analysis for SGDARS

Based on our trend formula, SGDARS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
748.3489 748.4827 747.1318 747.4577 -0.8912
Prev. Close Volume Bid Ask Time
748.3489 2024-11-20 03:39:36
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