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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)
Crossroads (+60) - NZDSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDSGD.
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 NZDSGD
The long-term trend has been DOWN since Mar 15th, 2024 at 0.8130063
The intermediate-term trend has been UP since May 6th, 2024 at 0.8137920
The short-term trend has been UP since May 3rd, 2024 at 0.8101000
Smart Scan Analysis for NZDSGD
Based on our trend formula, NZDSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8137697 | 0.8142755 | 0.8124000 | 0.8129357 | -0.0008340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8137697 | 2024-05-09 03:13:00 |