Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

Singapore Dollar/South African Rand (FOREX:SGDZAR)

Bull Market Weakness (+75) - SGDZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SGDZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDZAR
Open High Low SGDZAR Price Change
11.775250 11.847964 11.725586 11.746271 -0.028979
Entry Signal

MarketClub’s Trade Triangles for SGDZAR

long term up The long-term trend has been UP since Jul 26th, 2021 at 11.017227

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 11.130836

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 11.733167

Smart Scan Analysis for SGDZAR

Based on our trend formula, SGDZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SGDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.775250 11.847964 11.725586 11.746271 -0.028979
Prev. Close Volume Bid Ask Time
11.775250 2021-11-30 07:49:43
Get a free daily analysis and signals for Singapore Dollar/South African Rand (SGDZAR) - Request Your Free Report.