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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Singapore Dollar/Australian Dollar (FOREX:SGDAUD)
Long-Term Uptrend (+90) - SGDAUD is in a strong uptrend that is likely to continue. While SGDAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SGDAUD
The long-term trend has been UP since Mar 7th, 2023 at 1.1135400
The intermediate-term trend has been UP since Feb 22nd, 2023 at 1.0970035
The short-term trend has been UP since Mar 21st, 2023 at 1.1177800
Smart Scan Analysis for SGDAUD
Based on our trend formula, SGDAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.11580 | 1.12522 | 1.11559 | 1.12032 | +0.00452 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.11580 | 2023-03-21 19:59:43 |