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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Tongan Pa'anga/New Zealand Dollar (FOREX:TOPNZD)

Bull Market Weakness (+75) - TOPNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TOPNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TOPNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TOPNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TOPNZD
Open High Low TOPNZD Price Change
0.70565 0.70565 0.70565 0.70565 0.00000
Entry Signal

MarketClub’s Trade Triangles for TOPNZD

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.70065

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.70380

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.70190

Smart Scan Analysis for TOPNZD

Based on our trend formula, TOPNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TOPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.70565 0.70565 0.70565 0.70565 0.00000
Prev. Close Volume Bid Ask Time
0.70205 0.68950 0.72180 2024-04-30 00:21:43
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