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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Australian Dollar/Singapore Dollar (FOREX:AUDSGD)

Bear Market Rally (-75) - AUDSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDSGD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid AUDSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDSGD
Open High Low AUDSGD Price Change
0.8475082 0.8478623 0.8475082 0.8478623 +0.0003540
Entry Signal

MarketClub’s Trade Triangles for AUDSGD

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 0.8690

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.8659

short term up The short-term trend has been UP since Dec 9th, 2024 at 0.8659

Smart Scan Analysis for AUDSGD

Based on our trend formula, AUDSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8475082 0.8478623 0.8475082 0.8478623 +0.0003540
Prev. Close Volume Bid Ask Time
0.8475082 2024-12-21 08:03:05
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