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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Singapore Dollar/New Zealand Dollar (FOREX:SGDNZD)

Weak Uptrend (+65) - SGDNZD is showing signs of weakening momentum to the upside. Monitor SGDNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SGDNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDNZD
Open High Low SGDNZD Price Change
1.2336400 1.2375550 1.2314800 1.2347274 +0.0010870
Entry Signal

MarketClub’s Trade Triangles for SGDNZD

long term up The long-term trend has been UP since Mar 18th, 2024 at 1.2301779

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 1.2477403

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 1.2396405

Smart Scan Analysis for SGDNZD

Based on our trend formula, SGDNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2336400 1.2375550 1.2314800 1.2347274 +0.0010870
Prev. Close Volume Bid Ask Time
1.2336400 2024-04-26 22:54:46
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