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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Canadian Dollar/Singapore Dollar (FOREX:CADSGD)
Bull Market Weakness (+75) - CADSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADSGD.
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 CADSGD
The long-term trend has been DOWN since Oct 25th, 2023 at 0.9938125
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.9570902
The short-term trend has been UP since Nov 19th, 2024 at 0.9577920
Smart Scan Analysis for CADSGD
Based on our trend formula, CADSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9590300 | 0.9602407 | 0.9587000 | 0.9600806 | +0.0010510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9590300 | 2024-11-20 03:49:10 |