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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NZDAED
Open High Low NZDAED Price Change
2.42285 2.43735 2.42125 2.43735 +0.01450
Entry Signal

MarketClub’s Trade Triangles for NZDAED

long term down The long term trend has been DOWN since Apr 25th, 2018 at 2.60150

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2018 at 2.53255

short term up The short term trend has been UP since Aug 17th, 2018 at 2.42645

Smart Scan Analysis for NZDAED

Based on a pre-defined weighted trend formula for chart analysis, NZDAED scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NZDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.42285 2.43735 2.42125 2.43735 +0.01450
Prev. Close Volume Bid Ask Time
2.42285 2.43590 2.43880 2018-08-17 18:27:02
Want to analyze New Zealand Dollar/United Arab Emirates Dirham NZDAED or another symbol? Try our Free Forex Trend Analysis Report.