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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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.

FOREX_SGDCAD
Open High Low SGDCAD Price Change
0.921005 0.929915 0.919335 0.928545 +0.007540
Entry Signal

MarketClub’s Trade Triangles for SGDCAD

long term down The long-term trend has been DOWN since Mar 24th, 2022 at 0.923800

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2022 at 0.937530

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 0.919525

Smart Scan Analysis for SGDCAD

Based on our trend formula, SGDCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SGDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.921005 0.929915 0.919335 0.928545 +0.007540
Prev. Close Volume Bid Ask Time
0.921005 2022-07-05 12:38:34
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