Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Singapore Dollar/South African Rand (FOREX:SGDZAR)

Strong Uptrend (+100) - SGDZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
13.737095 13.790440 13.656868 13.678576 -0.058519
Entry Signal

MarketClub’s Trade Triangles for SGDZAR

long term up The long-term trend has been UP since May 2nd, 2022 at 11.602073

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2023 at 13.820068

short term up The short-term trend has been UP since Mar 27th, 2023 at 13.725237

Smart Scan Analysis for SGDZAR

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

+100
Smart Scan Analysis for SGDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.737095 13.790440 13.656868 13.678576 -0.058519
Prev. Close Volume Bid Ask Time
13.737095 2023-03-28 20:39:21
Get a free daily analysis and signals for Singapore Dollar/South African Rand (SGDZAR) - Request Your Free Report.