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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Canadian Dollar/Singapore Dollar (FOREX:CADSGD)
Strong Downtrend (-100) - CADSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADSGD continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 14th, 2024 at 0.9870450
The short-term trend has been DOWN since Apr 16th, 2024 at 0.9868850
Smart Scan Analysis for CADSGD
Based on our trend formula, CADSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9894300 | 0.9899119 | 0.9889000 | 0.9891753 | -0.0002550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9894300 | 2024-04-19 01:22:28 |