Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

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.

FOREX_NZDSGD
Open High Low NZDSGD Price Change
0.7668339 0.7668339 0.7668339 0.7668339 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDSGD

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 0.7947924

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.7984250

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 0.7762000

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).

-90
Smart Scan Analysis for NZDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7668339 0.7668339 0.7668339 0.7668339 0.0000000
Prev. Close Volume Bid Ask Time
0.7668339 2024-12-21 06:23:56
Get a free daily analysis and signals for New Zealand Dollar/Singapore Dollar (NZDSGD) - Request Your Free Report.