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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Singapore Dollar/New Zealand Dollar (FOREX:SGDNZD)
Long-Term Uptrend (+90) - SGDNZD is in a strong uptrend that is likely to continue. While SGDNZD 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 SGDNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDNZD.
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 SGDNZD
The long-term trend has been UP since Mar 18th, 2024 at 1.2301779
The intermediate-term trend has been UP since Apr 16th, 2024 at 1.2477403
The short-term trend has been UP since Apr 12th, 2024 at 1.2376650
Smart Scan Analysis for SGDNZD
Based on our trend formula, SGDNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.247955 | 1.248065 | 1.246695 | 1.247875 | -0.000080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.247955 | 2024-04-19 02:09:41 |