Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Singapore Dollar/Swiss Franc (FOREX:SGDCHF)
Bull Market Weakness (+75) - SGDCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDCHF
The long-term trend has been DOWN since Jan 31st, 2020 at 0.7087654
The intermediate-term trend has been UP since Apr 6th, 2020 at 0.6823500
The short-term trend has been UP since Mar 31st, 2020 at 0.6751500
Smart Scan Analysis for SGDCHF
Based on our trend formula, SGDCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).