Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
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.
MarketClub’s Trade Triangles for NZDSGD
The long-term trend has been DOWN since Mar 7th, 2023 at 0.8281570
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.8411226
The short-term trend has been UP since Mar 17th, 2023 at 0.8403586
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).