Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Singapore Dollar/Argentine Peso (FOREX:SGDARS)
Sidelines Mode (+55) - SGDARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for SGDARS
The long-term trend has been UP since Apr 27th, 2018 at 15.533000
The intermediate-term trend has been UP since Mar 29th, 2020 at 45.317894
The short-term trend has been DOWN since Mar 5th, 2021 at 67.428910
Smart Scan Analysis for SGDARS
Based on our trend formula, SGDARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).