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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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
1.1535363 1.1556300 1.1500000 1.1518100 -0.0017260
Entry Signal

MarketClub’s Trade Triangles for SGDNZD

long term up The long-term trend has been UP since May 5th, 2022 at 1.12711

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 1.14461

short term up The short-term trend has been UP since Aug 15th, 2022 at 1.14142

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
1.1535363 1.1556300 1.1500000 1.1518100 -0.0017260
Prev. Close Volume Bid Ask Time
1.1535363 2022-08-18 07:08:48
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