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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)

Sidelines Mode (-55) - NZDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_NZDSGD
Open High Low NZDSGD Price Change
0.8081100 0.8109198 0.8065873 0.8089550 +0.0008450
Entry Signal

MarketClub’s Trade Triangles for NZDSGD

long term down The long-term trend has been DOWN since Mar 15th, 2024 at 0.8130063

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 0.8176000

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.8068159

Smart Scan Analysis for NZDSGD

Based on our trend formula, NZDSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NZDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8081100 0.8109198 0.8065873 0.8089550 +0.0008450
Prev. Close Volume Bid Ask Time
0.8081100 2024-04-25 16:44:35
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