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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)

Bear Market Rally (-75) - NZDSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDSGD as it may be in the beginning of a reversal.

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
0.7892392 0.7894759 0.7869662 0.7882814 -0.0009580
Entry Signal

MarketClub’s Trade Triangles for NZDSGD

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 0.7947924

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.7984250

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.7913349

Smart Scan Analysis for NZDSGD

Based on our trend formula, NZDSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NZDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7892392 0.7894759 0.7869662 0.7882814 -0.0009580
Prev. Close Volume Bid Ask Time
0.7892392 2024-11-21 05:35:21
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