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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)
Weak Downtrend (-65) - SGDCAD is showing signs of a strengthening downtrend. Monitor SGDCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SGDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGDCAD
The long-term trend has been UP since Oct 25th, 2023 at 1.0063100
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 1.0448336
The short-term trend has been DOWN since Nov 19th, 2024 at 1.0453906
Smart Scan Analysis for SGDCAD
Based on our trend formula, SGDCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.040075 | 1.040920 | 1.038960 | 1.039205 | -0.000870 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.040075 | 2024-11-21 06:42:37 |