Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Canadian Dollar/Singapore Dollar (FOREX:CADSGD)

Weak Downtrend (-65) - CADSGD is showing signs of a strengthening downtrend. Monitor CADSGD as it may be building momentum to the downside.

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.

FOREX_CADSGD
Open High Low CADSGD Price Change
0.9950881 0.9954590 0.9941000 0.9946464 -0.0004420
Entry Signal

MarketClub’s Trade Triangles for CADSGD

long term down The long-term trend has been DOWN since Oct 25th, 2023 at 0.9938125

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 0.9870450

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.9910611

Smart Scan Analysis for CADSGD

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

-65
Smart Scan Analysis for CADSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9950881 0.9954590 0.9941000 0.9946464 -0.0004420
Prev. Close Volume Bid Ask Time
0.9950881 2024-04-24 08:22:33
Get a free daily analysis and signals for Canadian Dollar/Singapore Dollar (CADSGD) - Request Your Free Report.