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InvestingScope

NZDSGD: Long opportunity within a 1M Channel Down.

Long
NEW ZEALAND DOLLAR / SINGAPORE DOLLAR (FX_IDC:NZDSGD)  
InvestingScope  
FX_IDC:NZDSGD   NEW ZEALAND DOLLAR / SINGAPORE DOLLAR
Trend Analysis Chart Patterns Technical Indicators NZDSGD NZD sgd Forex newzealanddollar singaporedollar Currencies currency currencytrading
7
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trendanalysis chartpattern indicator nzdsgd nzd sgd forex newzealanddollar singaporedollar currencies currency currencytrading
The pair has been trading within a 1M Channel Down (RSI = 35.152, MACD = -0.017, Highs/Lows = -0.0297) since January 2017. Currently it is closer to the Lower Low zone and since through-out this downtrend it has always made contact with the 1W MA50, we are expecting a rise towards at least 0.9000.




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