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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_NZDAUD
Open High Low NZDAUD Price Change
0.93246 0.93347 0.92856 0.92877 -0.00369
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term down The long term trend has been DOWN since May 17th, 2018 at 0.914545

intermediate term up The intermediate term trend has been UP since Jun 13th, 2018 at 0.927815

short term down The short term trend has been DOWN since Jun 20th, 2018 at 0.930405

Smart Scan Analysis for NZDAUD

Based on a pre-defined weighted trend formula for chart analysis, NZDAUD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.93246 0.93347 0.92856 0.92877 -0.00369
Prev. Close Volume Bid Ask Time
0.93246 0.92859 0.92895 2018-06-22 07:19:39
Want to analyze New Zealand Dollar/Australian Dollar NZDAUD or another symbol? Try our Free Forex Trend Analysis Report.