Forex Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
South African Rand/Singapore Dollar (FOREX:ZARSGD)
Strong Downtrend (-100) - ZARSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARSGD continues to fall. Traders should use caution and set stops.
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 DOWN since May 2nd, 2022 at 0.08618930
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.08666022
The short-term trend has been DOWN since Jun 28th, 2022 at 0.08695349
Smart Scan Analysis for ZARSGD
Based on our trend formula, ZARSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).