Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
New Zealand Dollar/Singapore Dollar (FOREX:NZDSGD)
Long-Term Downtrend (-90) - NZDSGD is in a strong downtrend that is likely to continue. While NZDSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for NZDSGD
The long-term trend has been DOWN since Dec 1st, 2021 at 0.9293939
The intermediate-term trend has been DOWN since Nov 11th, 2021 at 0.9516550
The short-term trend has been DOWN since Jan 17th, 2022 at 0.9158000
Smart Scan Analysis for NZDSGD
Based on our trend formula, NZDSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).