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Forex Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)
Bull Market Weakness (+75) - NZDSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NZDSGD
The long-term trend has been DOWN since Mar 15th, 2024 at 0.8130063
The intermediate-term trend has been UP since May 6th, 2024 at 0.8137920
The short-term trend has been UP since May 14th, 2024 at 0.8166153
Smart Scan Analysis for NZDSGD
Based on our trend formula, NZDSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8235191 | 0.8251448 | 0.8222810 | 0.8249000 | +0.0013810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8235191 | 2024-05-17 12:57:40 |