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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
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 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 UP since Dec 10th, 2024 at 1.16936
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 |
|---|---|---|---|---|
| 1.1801818 | 1.1801818 | 1.1796867 | 1.1796867 | -0.0004950 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1801818 | 2024-12-21 07:22:33 |