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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.

FOREX_SGDNZD
Open High Low SGDNZD Price Change
1.205905 1.206845 1.205025 1.205095 -0.000810
Entry Signal

MarketClub’s Trade Triangles for SGDNZD

long term up The long-term trend has been UP since Mar 7th, 2023 at 1.2081731

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 1.1894586

short term up 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).

+65
Smart Scan Analysis for SGDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.205905 1.206845 1.205025 1.205095 -0.000810
Prev. Close Volume Bid Ask Time
1.205905 2023-03-22 02:34:59
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