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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

Strong Uptrend (+100) - ZARSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARSGD 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 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.

FOREX_ZARSGD
Open High Low ZARSGD Price Change
0.07536135 0.07578731 0.07515900 0.07540774 +0.00004600
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

long term up The long-term trend has been UP since Apr 9th, 2024 at 0.07294151

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.07412036

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.07186733

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).

+100
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07536135 0.07578731 0.07515900 0.07540774 +0.00004600
Prev. Close Volume Bid Ask Time
0.07536135 2024-06-21 17:21:18
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