Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Swiss Franc/Singapore Dollar (FOREX:CHFSGD)
Long-Term Uptrend (+90) - CHFSGD is in a strong uptrend that is likely to continue. While CHFSGD 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 CHFSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFSGD
The long-term trend has been UP since Dec 26th, 2022 at 1.4768946
The intermediate-term trend has been UP since Feb 13th, 2023 at 1.4422400
The short-term trend has been UP since Mar 27th, 2023 at 1.4546300
Smart Scan Analysis for CHFSGD
Based on our trend formula, CHFSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).