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.
MarketClub’s Trade Triangles for CHFSGD
The long-term trend has been DOWN since Nov 9th, 2020 at 1.4771980
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1.4811966
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).