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Forex Trend Analysis Report

Prepared for you on Monday, January 13, 2025.

Canadian Dollar/Singapore Dollar (FOREX:CADSGD)

Weak Downtrend (-65) - CADSGD is showing signs of a strengthening downtrend. Monitor CADSGD as it may be building momentum to the downside.

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.

FOREX_CADSGD
Open High Low CADSGD Price Change
0.9513222 0.9540856 0.9507000 0.9527552 +0.0014330
Entry Signal

MarketClub’s Trade Triangles for CADSGD

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 0.9399953

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.9399953

short term up The short-term trend has been UP since Dec 30th, 2024 at 0.9463104

Smart Scan Analysis for CADSGD

Based on our trend formula, CADSGD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9513222 0.9540856 0.9507000 0.9527552 +0.0014330
Prev. Close Volume Bid Ask Time
0.9513222 2025-01-13 11:04:59
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