Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Singapore Dollar/Swiss Franc (FOREX:SGDCHF)
Weak Uptrend (+65) - SGDCHF is showing signs of weakening momentum to the upside. Monitor 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 UP since Sep 16th, 2021 at 0.6888232
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.6816913
The short-term trend has been UP since Oct 15th, 2021 at 0.6866847
Smart Scan Analysis for SGDCHF
Based on our trend formula, SGDCHF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).