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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

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_USDNZD
Open High Low USDNZD Price Change
1.373400 1.375230 1.367800 1.369115 -0.004285
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term down The long term trend has been DOWN since Jan 10th, 2018 at 1.383500

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2017 at 1.439905

short term down The short term trend has been DOWN since Jan 10th, 2018 at 1.389585

Smart Scan Analysis for USDNZD

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

-90
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.373400 1.375230 1.367800 1.369115 -0.004285
Prev. Close Volume Bid Ask Time
1.373400 1.368930 1.369300 2018-01-22 09:30:41
Want to analyze US Dollar/New Zealand Dollar USDNZD or another symbol? Try our Free Forex Trend Analysis Report.