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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Singapore Dollar/Swiss Franc (FOREX:SGDCHF)

Strong Downtrend (-100) - SGDCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGDCHF continues to fall. Traders should use caution and set stops.

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.

FOREX_SGDCHF
Open High Low SGDCHF Price Change
0.66133757 0.66156588 0.66074109 0.66091515 -0.00042200
Entry Signal

MarketClub’s Trade Triangles for SGDCHF

long term down The long-term trend has been DOWN since Jun 16th, 2024 at 0.65557550

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.65881561

short term down The short-term trend has been DOWN since Jul 14th, 2024 at 0.66420437

Smart Scan Analysis for SGDCHF

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

-100
Smart Scan Analysis for SGDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66133757 0.66156588 0.66074109 0.66091515 -0.00042200
Prev. Close Volume Bid Ask Time
0.66133757 2024-07-23 01:53:34
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