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Forex Trend Analysis Report

Prepared for you on Saturday, February 15, 2025.

Chinese Yuan Renminbi/Singapore Dollar (FOREX:CNYSGD)

Crossroads (-60) - CNYSGD 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 CNYSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYSGD
Open High Low CNYSGD Price Change
0.18435359 0.18489799 0.18354197 0.18457117 +0.00021800
Entry Signal

MarketClub’s Trade Triangles for CNYSGD

long term up The long-term trend has been UP since Oct 30th, 2024 at 0.18844823

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2025 at 0.18446888

short term down The short-term trend has been DOWN since Feb 11th, 2025 at 0.18491226

Smart Scan Analysis for CNYSGD

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

-60
Smart Scan Analysis for CNYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18435359 0.18489799 0.18354197 0.18457117 +0.00021800
Prev. Close Volume Bid Ask Time
0.18464296 2025-02-14 17:04:40
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