Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
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.
MarketClub’s Trade Triangles for SGDNZD
The long-term trend has been UP since Mar 7th, 2023 at 1.2081731
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 1.1894586
The short-term trend has been UP since Mar 21st, 2023 at 1.2023362
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).