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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Australian Dollar/Singapore Dollar (FOREX:AUDSGD)

Sidelines Mode (+55) - AUDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_AUDSGD
Open High Low AUDSGD Price Change
0.974665 0.975400 0.965400 0.968700 -0.005965
Entry Signal

MarketClub’s Trade Triangles for AUDSGD

long term down The long-term trend has been DOWN since Jun 29th, 2022 at 0.9550000

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2022 at 0.9648684

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.9690650

Smart Scan Analysis for AUDSGD

Based on our trend formula, AUDSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.974665 0.975400 0.965400 0.968700 -0.005965
Prev. Close Volume Bid Ask Time
0.974665 2022-08-15 17:38:42
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