Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
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 Oct 19th, 2020 at 0.9554204
The intermediate-term trend has been UP since Nov 5th, 2020 at 0.9816775
The short-term trend has been DOWN since Nov 30th, 2020 at 0.9842000
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).