| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The CHF/SGD currency pair has been declining within a descending channel since the end of August.
From a theoretical point of view, it is likely that some downside potential could prevail in the market, and the exchange rate could continue to decline within the given channel in the medium term.
On the other hand, it is likely that the currency pair could gain support from the 55-, 100– and 200-period SMAs in the 1.4980/1.5030 range and breach the predetermined channel.