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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 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 1.150770
The intermediate-term trend has been UP since Oct 15th, 2024 at 1.141640
The short-term trend has been UP since Oct 24th, 2024 at 1.142195
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 |
|---|---|---|---|---|
| 1.1458406 | 1.1458406 | 1.1458406 | 1.1458406 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1458406 | 2024-10-26 04:48:37 |