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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

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.

FOREX_SGDAUD
Open High Low SGDAUD Price Change
1.142555 1.144615 1.141385 1.144185 +0.001630
Entry Signal

MarketClub’s Trade Triangles for SGDAUD

long term up The long-term trend has been UP since Mar 5th, 2024 at 1.1479050

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 1.1412185

short term up The short-term trend has been UP since Apr 10th, 2024 at 1.1294550

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).

+100
Smart Scan Analysis for SGDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.142555 1.144615 1.141385 1.144185 +0.001630
Prev. Close Volume Bid Ask Time
1.142555 2024-04-17 12:18:10
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