Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Canadian Dollar/Singapore Dollar (FOREX:CADSGD)

Long-Term Uptrend (+90) - CADSGD is in a strong uptrend that is likely to continue. While CADSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1.0528100 1.0555100 1.0520819 1.0530100 +0.0002000
Entry Signal

MarketClub’s Trade Triangles for CADSGD

long term up The long-term trend has been UP since Aug 21st, 2020 at 1.0399670

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2021 at 1.0464510

short term up The short-term trend has been UP since Mar 2nd, 2021 at 1.0533774

Smart Scan Analysis for CADSGD

Based on our trend formula, CADSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0528100 1.0555100 1.0520819 1.0530100 +0.0002000
Prev. Close Volume Bid Ask Time
1.0528100 2021-03-03 09:40:11
Get a free daily analysis and signals for Canadian Dollar/Singapore Dollar (CADSGD) - Request Your Free Report.