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.
MarketClub’s Trade Triangles for NZDSGD
The long-term trend has been DOWN since Mar 1st, 2020 at 0.8673450
The intermediate-term trend has been UP since Apr 13th, 2020 at 0.8657611
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).