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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Swiss Franc/Singapore Dollar (FOREX:CHFSGD)

Sidelines Mode (-55) - CHFSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
1.4763790 1.4872670 1.4753928 1.4863966 +0.0100180
Entry Signal

MarketClub’s Trade Triangles for CHFSGD

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 1.4771980

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1.4811966

short term up The short-term trend has been UP since Nov 26th, 2020 at 1.4780525

Smart Scan Analysis for CHFSGD

Based on our trend formula, CHFSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CHFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4763790 1.4872670 1.4753928 1.4863966 +0.0100180
Prev. Close Volume Bid Ask Time
1.4763790 2020-12-01 12:53:59
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