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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Chinese Yuan Renminbi/Singapore Dollar (FOREX:CNYSGD)

Strong Uptrend (+100) - CNYSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYSGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_CNYSGD
Open High Low CNYSGD Price Change
0.21443522 0.21464531 0.21423225 0.21446388 +0.00002900
Entry Signal

MarketClub’s Trade Triangles for CNYSGD

long term up The long-term trend has been UP since Sep 1st, 2020 at 0.19942653

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 0.20924272

short term up The short-term trend has been UP since Nov 30th, 2021 at 0.21503207

Smart Scan Analysis for CNYSGD

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

+100
Smart Scan Analysis for CNYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21443522 0.21464531 0.21423225 0.21446388 +0.00002900
Prev. Close Volume Bid Ask Time
0.21443522 2021-12-02 06:23:43
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