Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
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.
MarketClub’s Trade Triangles for AUDSGD
The long-term trend has been DOWN since Jun 17th, 2021 at 1.0151
The intermediate-term trend has been UP since Oct 4th, 2021 at 0.9898
The short-term trend has been UP since Oct 19th, 2021 at 1.0030
Smart Scan Analysis for AUDSGD
Based on our trend formula, AUDSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).