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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Singapore Dollar/Swiss Franc (FOREX:SGDCHF)
Countertrend Up (+85) - SGDCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 17th, 2024 at 0.6645105
The intermediate-term trend has been UP since Dec 17th, 2024 at 0.6645105
The short-term trend has been UP since Dec 19th, 2024 at 0.6647874
Smart Scan Analysis for SGDCHF
Based on our trend formula, SGDCHF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65992204 | 0.66099200 | 0.65739146 | 0.65878068 | -0.00114100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65880397 | 2024-12-20 17:06:29 |