Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)
Bull Market Weakness (+75) - SGDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCAD.
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 SGDCAD
The long-term trend has been UP since Oct 25th, 2023 at 1.0063100
The intermediate-term trend has been UP since Feb 20th, 2024 at 1.0062650
The short-term trend has been DOWN since Mar 13th, 2024 at 1.0108994
Smart Scan Analysis for SGDCAD
Based on our trend formula, SGDCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.011725 | 1.012565 | 1.010011 | 1.011115 | -0.000610 |
Prev. Close | Volume | Bid | Ask | Time |
1.011725 | 2024-03-18 23:32:59 |