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Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
South African Rand/Singapore Dollar (FOREX:ZARSGD)
Bull Market Weakness (+75) - ZARSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for ZARSGD
The long-term trend has been DOWN since Jul 26th, 2021 at 0.09076833
The intermediate-term trend has been UP since Oct 19th, 2021 at 0.09237450
The short-term trend has been UP since Oct 12th, 2021 at 0.09086362
Smart Scan Analysis for ZARSGD
Based on our trend formula, ZARSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09257600 | 0.09293245 | 0.09223869 | 0.09279800 | +0.00022200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09257600 | 2021-10-20 05:09:26 |