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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Singapore Dollar/Australian Dollar (FOREX:SGDAUD)
Bull Market Weakness (+75) - SGDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDAUD as it may be in the beginning stages of a reversal.
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 Aug 1st, 2024 at 1.15077
The intermediate-term trend has been UP since Dec 3rd, 2024 at 1.15462
The short-term trend has been DOWN since Jan 2nd, 2025 at 1.17959
Smart Scan Analysis for SGDAUD
Based on our trend formula, SGDAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1817600 | 1.1838900 | 1.1752454 | 1.1763400 | -0.0054200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1817600 | 2025-01-02 22:50:38 |