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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

New Zealand Dollar/ (FOREX:NZDCNH)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_NZDCNH
Open High Low NZDCNH Price Change
4.712355 4.737585 4.712145 4.735075 +0.022720
Entry Signal

MarketClub’s Trade Triangles for NZDCNH

long term up The long term trend has been UP since Nov 6th, 2018 at 4.649915

intermediate term up The intermediate term trend has been UP since Oct 30th, 2018 at 4.577950

short term up The short term trend has been UP since Nov 13th, 2018 at 4.701020

Smart Scan Analysis for NZDCNH

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

+100
Smart Scan Analysis for NZDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.712355 4.737585 4.712145 4.735075 +0.022720
Prev. Close Volume Bid Ask Time
4.712355 4.734040 4.736110 2018-11-15 21:59:10
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