Forex Trend Analysis Report
Prepared for you on Saturday, December 3, 2022.
Swiss Franc/Singapore Dollar (FOREX:CHFSGD)
Bear Market Rally (-75) - CHFSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFSGD as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for CHFSGD
The long-term trend has been DOWN since Oct 14th, 2022 at 1.4198020
The intermediate-term trend has been UP since Nov 10th, 2022 at 1.4310647
The short-term trend has been DOWN since Nov 28th, 2022 at 1.4497810
Smart Scan Analysis for CHFSGD
Based on our trend formula, CHFSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).