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Forex Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

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.

Open High Low NZDUSD Price Change
0.67058 0.67058 0.67010 0.67042 -0.00016
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term down The long term trend has been DOWN since Apr 27th, 2018 at 0.70509

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2018 at 0.68848

short term up The short term trend has been UP since Aug 17th, 2018 at 0.66087

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
0.67058 0.67058 0.67010 0.67042 -0.00016
Prev. Close Volume Bid Ask Time
0.67060 0.67039 0.67045 2018-08-22 03:20:50
Want to analyze New Zealand Dollar/US Dollar NZDUSD or another symbol? Try our Free Forex Trend Analysis Report.