Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Canadian Dollar/Singapore Dollar (FOREX:CADSGD)
Strong Uptrend (+100) - CADSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADSGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CADSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADSGD
The long-term trend has been UP since Aug 21st, 2020 at 1.0399670
The intermediate-term trend has been UP since Nov 3rd, 2020 at 1.0367298
The short-term trend has been UP since Nov 23rd, 2020 at 1.0299699
Smart Scan Analysis for CADSGD
Based on our trend formula, CADSGD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).