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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 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
641.93151 642.01829 640.75034 641.08449 -0.84702
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long-term trend has been UP since Apr 26th, 2021 at 70.22501

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 638.11135

short term up The short-term trend has been UP since Apr 17th, 2024 at 638.20749

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
641.93151 642.01829 640.75034 641.08449 -0.84702
Prev. Close Volume Bid Ask Time
641.93151 2024-04-24 12:13:17
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