Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Singapore Dollar/Swiss Franc (FOREX:SGDCHF)

Bear Market Rally (-75) - SGDCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDCHF as it may be in the beginning 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.

FOREX_SGDCHF
Open High Low SGDCHF Price Change
0.6911350 0.6915469 0.6905211 0.6906956 -0.0004390
Entry Signal

MarketClub’s Trade Triangles for SGDCHF

long term down The long-term trend has been DOWN since Jan 1st, 2023 at 0.6812535

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2023 at 0.6934312

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 0.6886565

Smart Scan Analysis for SGDCHF

Based on our trend formula, SGDCHF is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for SGDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6911350 0.6915469 0.6905211 0.6906956 -0.0004390
Prev. Close Volume Bid Ask Time
0.6911350 2023-03-30 01:54:19
Get a free daily analysis and signals for Singapore Dollar/Swiss Franc (SGDCHF) - Request Your Free Report.