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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swiss Franc/Singapore Dollar (FOREX:CHFSGD)
Crossroads (+60) - CHFSGD 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 CHFSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSGD.
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 CHFSGD
The long-term trend has been DOWN since Mar 27th, 2024 at 1.4896888
The intermediate-term trend has been UP since Apr 18th, 2024 at 1.5025784
The short-term trend has been UP since May 3rd, 2024 at 1.4949195
Smart Scan Analysis for CHFSGD
Based on our trend formula, CHFSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4918213 | 1.4935135 | 1.4907448 | 1.4918000 | -0.0000210 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4918213 | 2024-05-09 07:12:43 |