Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Singapore Dollar/Australian Dollar (FOREX:SGDAUD)
Crossroads (-60) - SGDAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGDAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for SGDAUD
The long-term trend has been UP since Mar 5th, 2024 at 1.147905
The intermediate-term trend has been DOWN since Mar 8th, 2024 at 1.131215
The short-term trend has been DOWN since Mar 20th, 2024 at 1.137135
Smart Scan Analysis for SGDAUD
Based on our trend formula, SGDAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.1360250 | 1.1412185 | 1.1355550 | 1.1364150 | +0.0003900 |
Prev. Close | Volume | Bid | Ask | Time |
1.1360250 | 2024-03-28 14:02:55 |