Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Singapore Dollar/Australian Dollar (FOREX:SGDAUD)

Weak Downtrend (-65) - SGDAUD is showing signs of a strengthening downtrend. Monitor SGDAUD as it may be building momentum to the downside.

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
0.9943300 0.9949300 0.9879546 0.9934830 -0.0008470
Entry Signal

MarketClub’s Trade Triangles for SGDAUD

long term up The long-term trend has been UP since Jun 17th, 2021 at 0.985080

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 1.010355

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.997110

Smart Scan Analysis for SGDAUD

Based on our trend formula, SGDAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SGDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9943300 0.9949300 0.9879546 0.9934830 -0.0008470
Prev. Close Volume Bid Ask Time
0.9943300 2021-10-22 21:12:26
Get a free daily analysis and signals for Singapore Dollar/Australian Dollar (SGDAUD) - Request Your Free Report.