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Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Swiss Franc/Singapore Dollar (FOREX:CHFSGD)

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

Is it time to buy, sell, or avoid CHFSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFSGD
Open High Low CHFSGD Price Change
1.5204775 1.5219260 1.5144128 1.5171495 -0.0033280
Entry Signal

MarketClub’s Trade Triangles for CHFSGD

long term down The long-term trend has been DOWN since Nov 8th, 2024 at 1.5060845

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 1.5112305

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 1.5155000

Smart Scan Analysis for CHFSGD

Based on our trend formula, CHFSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5204775 1.5219260 1.5144128 1.5171495 -0.0033280
Prev. Close Volume Bid Ask Time
1.5204775 2024-12-02 20:40:54
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