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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Australian Dollar/Singapore Dollar (FOREX:AUDSGD)

Weak Downtrend (-65) - AUDSGD is showing signs of a strengthening downtrend. Monitor AUDSGD as it may be building momentum to the downside.

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
0.886075 0.887200 0.883100 0.884565 -0.001510
Entry Signal

MarketClub’s Trade Triangles for AUDSGD

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 0.8710

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.8761

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.8784

Smart Scan Analysis for AUDSGD

Based on our trend formula, AUDSGD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for AUDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.886075 0.887200 0.883100 0.884565 -0.001510
Prev. Close Volume Bid Ask Time
0.886075 2024-04-24 18:09:53
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