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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Singapore Dollar/Chinese Yuan Renminbi (FOREX:SGDCNY)
Crossroads (-60) - SGDCNY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGDCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCNY.
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 SGDCNY
The long-term trend has been UP since Feb 13th, 2025 at 5.4316257
The intermediate-term trend has been DOWN since Mar 31st, 2025 at 5.4057236
The short-term trend has been DOWN since Mar 30th, 2025 at 5.4099143
Smart Scan Analysis for SGDCNY
Based on our trend formula, SGDCNY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.4163311 | 5.4219714 | 5.3991705 | 5.4037533 | -0.0125780 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.4163311 | 2025-03-31 17:00:05 |