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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Special Drawing Right/New Zealand Dollar (FOREX:SDRNZD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_SDRNZD
Open High Low SDRNZD Price Change
2.1262 2.1262 2.1262 2.1262 0.0000
Entry Signal

MarketClub’s Trade Triangles for SDRNZD

long term up The long term trend has been UP since Apr 23rd, 2018 at 2.0050

intermediate term up The intermediate term trend has been UP since Jun 17th, 2018 at 2.0468

short term up The short term trend has been UP since Aug 30th, 2018 at 2.0966

Smart Scan Analysis for SDRNZD

Based on a pre-defined weighted trend formula for chart analysis, SDRNZD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1262 2.1262 2.1262 2.1262 0.0000
Prev. Close Volume Bid Ask Time
2.1262 2.1262 2.1262 2018-09-16 20:13:49
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