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Forex Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

New Zealand Dollar/South African Rand (FOREX:NZDZAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_NZDZAR
Open High Low NZDZAR Price Change
9.08525 9.09425 9.04065 9.07840 -0.00685
Entry Signal

MarketClub’s Trade Triangles for NZDZAR

long term down The long term trend has been DOWN since Aug 4th, 2016 at 9.83675

intermediate term down The intermediate term trend has been DOWN since May 16th, 2017 at 9.04345

short term down The short term trend has been DOWN since May 24th, 2017 at 9.13970

Smart Scan Analysis for NZDZAR

Based on a pre-defined weighted trend formula for chart analysis, NZDZAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NZDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.08525 9.09425 9.04065 9.07840 -0.00685
Prev. Close Volume Bid Ask Time
9.08525 9.07510 9.08170 2017-05-25 06:39:04
Want to analyze New Zealand Dollar/South African Rand NZDZAR or another symbol? Try our Free Forex Trend Analysis Report.