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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Singapore Dollar/Swiss Franc (FOREX:SGDCHF)
Sidelines Mode (+50) - SGDCHF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SGDCHF can gain momentum.
Is it time to buy, sell, or avoid SGDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCHF.
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 SGDCHF
The long-term trend has been DOWN since Jun 16th, 2024 at 0.65557550
The intermediate-term trend has been UP since Aug 14th, 2024 at 0.66311753
The short-term trend has been UP since Oct 25th, 2024 at 0.65862065
Smart Scan Analysis for SGDCHF
Based on our trend formula, SGDCHF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65595816 | 0.65932401 | 0.65478608 | 0.65597841 | +0.00002000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65595816 | 2024-10-25 17:06:35 |