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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)

Strong Uptrend (+100) - SGDCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDCAD 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 SGDCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDCAD
Open High Low SGDCAD Price Change
1.0574850 1.0599887 1.0570434 1.0593850 +0.0019000
Entry Signal

MarketClub’s Trade Triangles for SGDCAD

long term up The long-term trend has been UP since Oct 25th, 2023 at 1.0063100

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2024 at 1.0509374

short term up The short-term trend has been UP since Dec 25th, 2024 at 1.0637650

Smart Scan Analysis for SGDCAD

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

+100
Smart Scan Analysis for SGDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0574850 1.0599887 1.0570434 1.0593850 +0.0019000
Prev. Close Volume Bid Ask Time
1.0574850 2024-12-26 05:10:07
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