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Forex Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low USDNZD Price Change
1.491360 1.492335 1.491200 1.491875 +0.000515
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long term trend has been UP since Apr 26th, 2018 at 1.41695

intermediate term up The intermediate term trend has been UP since Jun 19th, 2018 at 1.45237

short term down The short term trend has been DOWN since Aug 17th, 2018 at 1.51307

Smart Scan Analysis for USDNZD

Based on a pre-defined weighted trend formula for chart analysis, USDNZD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.491360 1.492335 1.491200 1.491875 +0.000515
Prev. Close Volume Bid Ask Time
1.491360 1.491650 1.492100 2018-08-22 03:23:01
Want to analyze US Dollar/New Zealand Dollar USDNZD or another symbol? Try our Free Forex Trend Analysis Report.