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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

Australian Dollar/Singapore Dollar (FOREX:AUDSGD)

Strong Downtrend (-100) - AUDSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDSGD continues to fall. Traders should use caution and set stops.

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
0.8587597 0.8587597 0.8581369 0.8587597 0.0000000
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 down The short-term trend has been DOWN since Nov 25th, 2024 at 0.8734

Smart Scan Analysis for AUDSGD

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

-100
Smart Scan Analysis for AUDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8587597 0.8587597 0.8581369 0.8587597 0.0000000
Prev. Close Volume Bid Ask Time
0.8587597 2024-12-07 10:39:08
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