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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Chinese Yuan Renminbi/Singapore Dollar (FOREX:CNYSGD)
Long-Term Downtrend (-90) - CNYSGD is in a strong downtrend that is likely to continue. While CNYSGD 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 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 Feb 20th, 2025 at 0.18336854
The intermediate-term trend has been DOWN since Feb 13th, 2025 at 0.18446888
The short-term trend has been DOWN since Mar 11th, 2025 at 0.18314239
Smart Scan Analysis for CNYSGD
Based on our trend formula, CNYSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18353075 | 0.18361347 | 0.18349632 | 0.18350665 | -0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18353075 | 2025-03-12 00:30:47 |