Forex Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NZDSGD
The long term trend has been UP since Nov 6th, 2018 at 0.927025
The intermediate term trend has been UP since Oct 21st, 2018 at 0.910000
The short term trend has been UP since Dec 18th, 2018 at 0.940300
Smart Scan Analysis for NZDSGD
Based on a pre-defined weighted trend formula for chart analysis, NZDSGD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).