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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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.

FOREX_NZDSGD
Open High Low NZDSGD Price Change
0.8691900 0.8701911 0.8680470 0.8688613 -0.0003290
Entry Signal

MarketClub’s Trade Triangles for NZDSGD

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 0.8673450

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 0.8657611

short term up The short-term trend has been UP since May 18th, 2020 at 0.8560000

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).

+60
Smart Scan Analysis for NZDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8691900 0.8701911 0.8680470 0.8688613 -0.0003290
Prev. Close Volume Bid Ask Time
0.8691900 0.8688137 0.8689088 2020-05-25 05:31:51
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