Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
New Zealand Dollar/US Dollar (FOREX:NZDUSD)
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 NZDUSD
The long term trend has been UP since Jan 10th, 2018 at 0.7228
The intermediate term trend has been UP since Dec 12th, 2017 at 0.6945
The short term trend has been UP since Jan 10th, 2018 at 0.7197
Smart Scan Analysis for NZDUSD
Based on a pre-defined weighted trend formula for chart analysis, NZDUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).