Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Singapore Dollar/Chinese Yuan Renminbi Offshore (FOREX:SGDCNH)
Weak Downtrend (-65) - SGDCNH is showing signs of a strengthening downtrend. Monitor SGDCNH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SGDCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDCNH.
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 SGDCNH
The long-term trend has been UP since Jul 3rd, 2024 at 5.3966783
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 5.4266143
The short-term trend has been DOWN since Oct 18th, 2024 at 5.4261481
Smart Scan Analysis for SGDCNH
Based on our trend formula, SGDCNH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.4010909 | 5.4010909 | 5.4010909 | 5.4010909 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
5.4010909 | 2024-10-26 04:48:29 |