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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Singapore Dollar/Chinese Yuan Renminbi (FOREX:SGDCNY)
Long-Term Uptrend (+90) - SGDCNY is in a strong uptrend that is likely to continue. While SGDCNY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Feb 13th, 2025 at 5.4193933
The short-term trend has been UP since Feb 19th, 2025 at 5.4257551
Smart Scan Analysis for SGDCNY
Based on our trend formula, SGDCNY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.4310539 | 5.4310539 | 5.4310539 | 5.4310539 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.4310539 | 2025-02-22 03:12:07 |