Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Singapore Dollar/New Zealand Dollar (FOREX:SGDNZD)
Strong Uptrend (+100) - SGDNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SGDNZD
The long-term trend has been UP since Mar 1st, 2020 at 1.153175
The intermediate-term trend has been UP since Feb 26th, 2020 at 1.135090
The short-term trend has been UP since Mar 31st, 2020 at 1.179880
Smart Scan Analysis for SGDNZD
Based on our trend formula, SGDNZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).