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Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

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
1.306720 1.307480 1.301445 1.303615 -0.003105
Entry Signal

MarketClub’s Trade Triangles for SGDNZD

long term up The long-term trend has been UP since Jul 23rd, 2024 at 1.2513650

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 1.2524072

short term down The short-term trend has been DOWN since Feb 5th, 2025 at 1.3027107

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
1.306720 1.307480 1.301445 1.303615 -0.003105
Prev. Close Volume Bid Ask Time
1.306720 2025-02-05 13:02:09
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