Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Singapore Dollar/Australian Dollar (FOREX:SGDAUD)
Strong Uptrend (+100) - SGDAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGDAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDAUD
The long-term trend has been UP since Jun 29th, 2022 at 1.04700
The intermediate-term trend has been UP since Jun 13th, 2022 at 1.03218
The short-term trend has been UP since Jun 29th, 2022 at 1.04456
Smart Scan Analysis for SGDAUD
Based on our trend formula, SGDAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).