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.
MarketClub’s Trade Triangles for AUDSGD
The long-term trend has been DOWN since Jun 29th, 2022 at 0.9550000
The intermediate-term trend has been UP since Jul 21st, 2022 at 0.9648684
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).