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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Tongan Pa'anga/New Zealand Dollar (FOREX:TOPNZD)

Countertrend Up (+85) - TOPNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_TOPNZD
Open High Low TOPNZD Price Change
0.7081 0.7081 0.7081 0.7081 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPNZD

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.70065

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.70380

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.70190

Smart Scan Analysis for TOPNZD

Based on our trend formula, TOPNZD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for TOPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7081 0.7081 0.7081 0.7081 0.0000
Prev. Close Volume Bid Ask Time
0.7081 0.6920 0.7242 2024-04-22 23:36:34
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