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.
MarketClub’s Trade Triangles for SGDCAD
The long-term trend has been DOWN since Mar 24th, 2022 at 0.923800
The intermediate-term trend has been UP since Jun 17th, 2022 at 0.937530
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).