Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
48.454795 48.454795 48.454795 48.454795 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Jun 21st, 2017 at 11.685000

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2020 at 45.317894

short term up The short-term trend has been UP since May 26th, 2020 at 48.012861

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
48.454795 48.454795 48.454795 48.454795 0.000000
Prev. Close Volume Bid Ask Time
48.454795 48.451926 48.457664 2020-05-30 20:32:43
Get a free daily analysis and signals for Singapore Dollar/Argentine Peso (SGDARS) - Request Your Free Report.