Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)
Sidelines Mode (+55) - NZDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Jun 2nd, 2020 at 0.8905500
The intermediate-term trend has been UP since Oct 23rd, 2020 at 0.9074745
The short-term trend has been DOWN since Feb 26th, 2021 at 0.9650000
Smart Scan Analysis for NZDSGD
Based on our trend formula, NZDSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).