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.
MarketClub’s Trade Triangles for SGDCHF
The long-term trend has been DOWN since Jan 1st, 2023 at 0.6812535
The intermediate-term trend has been DOWN since Feb 12th, 2023 at 0.6934312
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).