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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

Weak Uptrend (+65) - ZARSGD is showing signs of weakening momentum to the upside. Monitor ZARSGD as it may be in the beginning stages of a reversal.

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.

FOREX_ZARSGD
Open High Low ZARSGD Price Change
0.07370542 0.07412446 0.07370542 0.07370542 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

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

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 0.07262328

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.07186733

Smart Scan Analysis for ZARSGD

Based on our trend formula, ZARSGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07370542 0.07412446 0.07370542 0.07370542 0.00000000
Prev. Close Volume Bid Ask Time
0.07370542 2024-06-15 17:06:47
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