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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
73.83163 73.88757 73.79927 73.82962 -0.00201
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Nov 23rd, 2018 at 27.11700

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 73.20317

short term up The short-term trend has been UP since Oct 19th, 2021 at 73.75405

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
73.83163 73.88757 73.79927 73.82962 -0.00201
Prev. Close Volume Bid Ask Time
73.83163 2021-10-22 05:40:59
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