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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Swiss Franc/Singapore Dollar (FOREX:CHFSGD)

Crossroads (-60) - CHFSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.4699000 1.4721200 1.4628000 1.4670971 -0.0028030
Entry Signal

MarketClub’s Trade Triangles for CHFSGD

long term up The long-term trend has been UP since Jan 31st, 2020 at 1.4108285

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 1.4649217

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 1.4809427

Smart Scan Analysis for CHFSGD

Based on our trend formula, CHFSGD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4699000 1.4721200 1.4628000 1.4670971 -0.0028030
Prev. Close Volume Bid Ask Time
1.4699000 1.4668839 1.4673102 2020-04-08 21:26:11
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