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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.

FOREX_ZARSGD
Open High Low ZARSGD Price Change
0.08847688 0.08893855 0.08806967 0.08831690 -0.00016000
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

long term up The long-term trend has been UP since Jul 21st, 2020 at 0.08444335

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2021 at 0.08956894

short term down 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).

+65
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08847688 0.08893855 0.08806967 0.08831690 -0.00016000
Prev. Close Volume Bid Ask Time
0.08847688 2021-03-01 07:21:20
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