website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast New Zealand Dollar / Singapore Dollar technical chart
Symbol NZDSGD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 1, 2022 - 20:19
Currentrange bound
Forecastresumption of downtrend

Midterm forecast:

  • While the price is below the resistance 0.92729, resumption of downtrend is expected.
  • We make sure when the support at 0.88305 breaks.
  • If the resistance at 0.92729 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the peak at 0.94351 on 2022-03-07 and the peak at 0.94732 on 2022-03-23, the probability of uptrend continuation is decreased and the probability of resumption of downtrend is increased.
  • A peak is formed in daily chart at 0.92785 on 04/20/2022, so more losses to support(s) 0.88850 and minimum to Major Support (0.88305) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 27.