Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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 Jan 21st, 2020 at 0.922700
The intermediate-term trend has been UP since Apr 8th, 2020 at 0.888355
The short-term trend has been UP since May 18th, 2020 at 0.921120
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).