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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Swiss Franc/Singapore Dollar (FOREX:CHFSGD)

Bear Market Rally (-75) - CHFSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFSGD as it may be in the beginning of a reversal.

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.

FOREX_CHFSGD
Open High Low CHFSGD Price Change
1.4901642 1.4941805 1.4888815 1.4900399 -0.0001240
Entry Signal

MarketClub’s Trade Triangles for CHFSGD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 1.4896888

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 1.5025784

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 1.4919928

Smart Scan Analysis for CHFSGD

Based on our trend formula, CHFSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CHFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4901642 1.4941805 1.4888815 1.4900399 -0.0001240
Prev. Close Volume Bid Ask Time
1.4901642 2024-04-26 12:24:32
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