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.
MarketClub’s Trade Triangles for CHFSGD
The long-term trend has been DOWN since Sep 16th, 2021 at 1.4517761
The intermediate-term trend has been UP since Oct 4th, 2021 at 1.4669000
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).