Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Singapore Dollar/Chinese Yuan Renminbi (FOREX:SGDCNY)
Bear Market Rally (-75) - SGDCNY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDCNY as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDCNY
The long-term trend has been DOWN since Apr 14th, 2025 at 5.2460692
The intermediate-term trend has been DOWN since May 12th, 2025 at 5.5336389
The short-term trend has been DOWN since May 27th, 2025 at 5.5854864
Smart Scan Analysis for SGDCNY
Based on our trend formula, SGDCNY is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.5903624 | 5.5919462 | 5.5757599 | 5.5769469 | -0.0134150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.5903624 | 2025-05-30 21:00:03 |