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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.

FOREX_NZDSGD
Open High Low NZDSGD Price Change
0.9135625 0.9147361 0.9126000 0.9136600 +0.0000970
Entry Signal

MarketClub’s Trade Triangles for NZDSGD

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 0.9293939

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2021 at 0.9516550

short term down 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).

-90
Smart Scan Analysis for NZDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9135625 0.9147361 0.9126000 0.9136600 +0.0000970
Prev. Close Volume Bid Ask Time
0.9135625 2022-01-18 06:03:08
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