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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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
1.4595604 1.4627799 1.4565391 1.4597415 +0.0001810
Entry Signal

MarketClub’s Trade Triangles for CHFSGD

long term down The long-term trend has been DOWN since Sep 16th, 2021 at 1.4517761

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 1.4669000

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 1.4563000

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
1.4595604 1.4627799 1.4565391 1.4597415 +0.0001810
Prev. Close Volume Bid Ask Time
1.4595604 2021-10-18 22:41:07
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