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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Chinese Yuan Renminbi/Singapore Dollar (FOREX:CNYSGD)

Weak Downtrend (-65) - CNYSGD is showing signs of a strengthening downtrend. Monitor CNYSGD as it may be building momentum to the downside.

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
0.18658142 0.18697308 0.18507581 0.18525015 -0.00133100
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 Jan 20th, 2025 at 0.18520238

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 0.18591445

Smart Scan Analysis for CNYSGD

Based on our trend formula, CNYSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18658142 0.18697308 0.18507581 0.18525015 -0.00133100
Prev. Close Volume Bid Ask Time
0.18658142 2025-01-20 09:49:26
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