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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.90626 0.90662 0.90506 0.90544 -0.00082
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 down The intermediate term trend has been DOWN since Aug 5th, 2018 at 0.910960

short term down The short term trend has been DOWN since Aug 20th, 2018 at 0.905230

Smart Scan Analysis for NZDAUD

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

-100
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.90626 0.90662 0.90506 0.90544 -0.00082
Prev. Close Volume Bid Ask Time
0.90626 0.90526 0.90562 2018-08-20 06:29:37
Want to analyze New Zealand Dollar/Australian Dollar NZDAUD or another symbol? Try our Free Forex Trend Analysis Report.