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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Australian Dollar/Singapore Dollar (FOREX:AUDSGD)
Bull Market Weakness (+75) - AUDSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AUDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDSGD.
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 AUDSGD
The long-term trend has been UP since May 6th, 2024 at 0.8956000
The intermediate-term trend has been UP since Apr 28th, 2024 at 0.8932000
The short-term trend has been DOWN since May 8th, 2024 at 0.8905692
Smart Scan Analysis for AUDSGD
Based on our trend formula, AUDSGD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.891505 | 0.892500 | 0.889400 | 0.891450 | -0.000055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.891505 | 2024-05-08 23:03:36 |