Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Chinese Yuan Renminbi/Singapore Dollar (FOREX:CNYSGD)
Crossroads (-60) - CNYSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNYSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYSGD.
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 CNYSGD
The long-term trend has been DOWN since Dec 24th, 2023 at 0.18465711
The intermediate-term trend has been UP since Mar 18th, 2024 at 0.19070502
The short-term trend has been UP since Mar 13th, 2024 at 0.19037726
Smart Scan Analysis for CNYSGD
Based on our trend formula, CNYSGD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.19025386 | 0.19033939 | 0.18615773 | 0.18617667 | -0.00407700 |
Prev. Close | Volume | Bid | Ask | Time |
0.19025386 | 2024-03-19 00:02:53 |