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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.
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MarketClub’s Trade Triangles for SGDARS
The long-term trend has been UP since Dec 28th, 2021 at 75.66627
The intermediate-term trend has been UP since Dec 5th, 2024 at 755.81100
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).
| 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 |