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Forex Trend Analysis Report
Prepared for you on Saturday, November 23, 2024.
Swiss Franc/Singapore Dollar (FOREX:CHFSGD)
Long-Term Downtrend (-90) - CHFSGD is in a strong downtrend that is likely to continue. While CHFSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CHFSGD
The long-term trend has been DOWN since Nov 8th, 2024 at 1.5060845
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 1.5112305
The short-term trend has been DOWN since Nov 22nd, 2024 at 1.5059000
Smart Scan Analysis for CHFSGD
Based on our trend formula, CHFSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.50695 | 1.50695 | 1.50695 | 1.50695 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.50695 | 2024-11-23 08:22:38 |