Forex Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Australian Dollar/Singapore Dollar (FOREX:AUDSGD)
Crossroads (+60) - AUDSGD 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 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 Aug 2nd, 2023 at 0.8757
The intermediate-term trend has been UP since Sep 14th, 2023 at 0.8796
The short-term trend has been UP since Sep 28th, 2023 at 0.8793
Smart Scan Analysis for AUDSGD
Based on our trend formula, AUDSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).