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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)

Crossroads (-60) - SGDCAD 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 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.

FOREX_SGDCAD
Open High Low SGDCAD Price Change
0.91795 0.91866 0.91542 0.91797 +0.00002
Entry Signal

MarketClub’s Trade Triangles for SGDCAD

long term up The long-term trend has been UP since Aug 19th, 2021 at 0.940120

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.932905

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.917000

Smart Scan Analysis for SGDCAD

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

-60
Smart Scan Analysis for SGDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.91795 0.91866 0.91542 0.91797 +0.00002
Prev. Close Volume Bid Ask Time
0.91795 2021-10-18 23:28:57
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