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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low NZDUSD Price Change
0.72060 0.72115 0.72060 0.72075 +0.00015
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term up The long term trend has been UP since Jan 10th, 2018 at 0.7228

intermediate term up The intermediate term trend has been UP since Apr 9th, 2018 at 0.7323

short term down The short term trend has been DOWN since Apr 16th, 2018 at 0.7346

Smart Scan Analysis for NZDUSD

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

Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.72060 0.72115 0.72060 0.72075 +0.00015
Prev. Close Volume Bid Ask Time
0.72060 0.72050 0.72100 2018-04-21 10:59:52
Want to analyze New Zealand Dollar/US Dollar NZDUSD or another symbol? Try our Free Forex Trend Analysis Report.