Forex Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
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.
MarketClub’s Trade Triangles for CHFSGD
The long-term trend has been DOWN since Feb 23rd, 2021 at 1.4680941
The intermediate-term trend has been DOWN since Jun 17th, 2021 at 1.4666894
The short-term trend has been DOWN since Jun 14th, 2021 at 1.4736436
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).