Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Singapore Dollar/Australian Dollar (FOREX:SGDAUD)
Crossroads (-60) - SGDAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Aug 1st, 2024 at 1.1507700
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 1.1338298
The short-term trend has been DOWN since Nov 18th, 2024 at 1.1475250
Smart Scan Analysis for SGDAUD
Based on our trend formula, SGDAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.144575 | 1.144985 | 1.143545 | 1.144535 | -0.000040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.144575 | 2024-11-20 03:30:26 |