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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

Long-Term Uptrend (+90) - SGDARS is in a strong uptrend that is likely to continue. While SGDARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SGDARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDARS
Open High Low SGDARS Price Change
755.1841 755.5157 754.3775 754.8821 -0.3020
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Dec 28th, 2021 at 75.66627

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 755.81100

short term up The short-term trend has been UP since Dec 23rd, 2024 at 755.36050

Smart Scan Analysis for SGDARS

Based on our trend formula, SGDARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SGDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
755.1841 755.5157 754.3775 754.8821 -0.3020
Prev. Close Volume Bid Ask Time
755.1841 2024-12-26 05:28:22
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