Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Tongan Pa'anga/New Zealand Dollar (FOREX:TOPNZD)
Long-Term Downtrend (-90) - TOPNZD is in a strong downtrend that is likely to continue. While TOPNZD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TOPNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOPNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TOPNZD
The long-term trend has been DOWN since Nov 23rd, 2023 at 0.70490
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.69665
The short-term trend has been DOWN since Feb 7th, 2024 at 0.69930
Smart Scan Analysis for TOPNZD
Based on our trend formula, TOPNZD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.69385 | 0.69385 | 0.69385 | 0.69385 | 0.00000 |
Prev. Close | Volume | Bid | Ask | Time |
0.69770 | 0.67760 | 0.71010 | 2024-03-11 00:01:32 |