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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.
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MarketClub’s Trade Triangles for SGDCHF
The long-term trend has been DOWN since Dec 3rd, 2021 at 0.67098746
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 0.67383580
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).
| 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 |