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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

Singapore Dollar/Swiss Franc (FOREX:SGDCHF)

Countertrend Down (-85) - SGDCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.6724546 0.6765786 0.6717260 0.6756013 +0.0031470
Entry Signal

MarketClub’s Trade Triangles for SGDCHF

long term down The long-term trend has been DOWN since Dec 3rd, 2021 at 0.67098746

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 0.67383580

short term up The short-term trend has been UP since Dec 6th, 2021 at 0.67459930

Smart Scan Analysis for SGDCHF

Based on our trend formula, SGDCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SGDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6724546 0.6765786 0.6717260 0.6756013 +0.0031470
Prev. Close Volume Bid Ask Time
0.6724546 2021-12-06 20:16:17
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