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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)
Weak Uptrend (+65) - SGDCAD is showing signs of weakening momentum to the upside. Monitor SGDCAD as it may be in the beginning stages of a reversal.
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 1.00631
The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 1.05135
The short-term trend has been UP since Jan 16th, 2025 at 1.05177
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.058605 | 1.060540 | 1.053540 | 1.054995 | -0.003610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.058605 | 2025-01-20 09:50:46 |