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Forex Trend Analysis Report

Prepared for you on Saturday, August 19, 2017.

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

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.

FOREX_NZDZAR
Open High Low NZDZAR Price Change
9.66680 9.72110 9.61230 9.62065 -0.04615
Entry Signal

MarketClub’s Trade Triangles for NZDZAR

long term up The long term trend has been UP since Jul 5th, 2017 at 9.72930

intermediate term up The intermediate term trend has been UP since Jun 19th, 2017 at 9.37490

short term down The short term trend has been DOWN since Aug 7th, 2017 at 9.78815

Smart Scan Analysis for NZDZAR

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

+55
Smart Scan Analysis for NZDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.66680 9.72110 9.61230 9.62065 -0.04615
Prev. Close Volume Bid Ask Time
9.66680 9.61130 9.63000 2017-08-18 18:40:55
Want to analyze New Zealand Dollar/South African Rand NZDZAR or another symbol? Try our Free Forex Trend Analysis Report.