Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
South African Rand/Singapore Dollar (FOREX:ZARSGD)
Weak Uptrend (+65) - ZARSGD is showing signs of weakening momentum to the upside. Monitor ZARSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARSGD
The long-term trend has been UP since Jul 21st, 2020 at 0.08444335
The intermediate-term trend has been UP since Feb 5th, 2021 at 0.08956894
The short-term trend has been DOWN since Feb 25th, 2021 at 0.08873113
Smart Scan Analysis for ZARSGD
Based on our trend formula, ZARSGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).