Forex Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for NZDJPY
The long term trend has been UP since Nov 6th, 2018 at 76.2125
The intermediate term trend has been UP since Nov 1st, 2018 at 74.4885
The short term trend has been UP since Nov 13th, 2018 at 76.9430
Smart Scan Analysis for NZDJPY
Based on a pre-defined weighted trend formula for chart analysis, NZDJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).