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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 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
0.877345 0.878755 0.875800 0.877600 +0.000255
Entry Signal

MarketClub’s Trade Triangles for AUDSGD

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 0.8690

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2024 at 0.8877

short term down The short-term trend has been DOWN since Oct 6th, 2024 at 0.8857

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
0.877345 0.878755 0.875800 0.877600 +0.000255
Prev. Close Volume Bid Ask Time
0.877345 2024-10-08 07:41:58
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