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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Singapore Dollar/South African Rand (FOREX:SGDZAR)
Long-Term Uptrend (+90) - SGDZAR is in a strong uptrend that is likely to continue. While SGDZAR 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 SGDZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDZAR.
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 SGDZAR
The long-term trend has been UP since Dec 25th, 2024 at 13.819977
The intermediate-term trend has been UP since Dec 23rd, 2024 at 13.570745
The short-term trend has been UP since Dec 17th, 2024 at 13.308439
Smart Scan Analysis for SGDZAR
Based on our trend formula, SGDZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.804800 | 13.814596 | 13.676873 | 13.713250 | -0.091550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.804800 | 2024-12-26 06:16:25 |