Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

Crossroads (-60) - ZARSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARSGD Price	Change
0.07071500	0.07141507	0.07069747	0.07139345	+0.00067800
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

The long-term trend has been UP since Apr 9th, 2024 at 0.07294151

The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.07071513

The short-term trend has been DOWN since Apr 10th, 2024 at 0.07198350

Smart Scan Analysis for ZARSGD

Based on our trend formula, ZARSGD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.07071500	0.07141507	0.07069747	0.07139345	+0.00067800
Prev. Close	Volume	Bid	Ask	Time
0.07071500				2024-04-19 14:25:45

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