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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_USDNZD
Open High Low USDNZD Price Change
1.48734 1.49095 1.48020 1.48087 -0.00647
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term down The long term trend has been DOWN since Nov 15th, 2018 at 1.468450

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 1.461175

short term up The short term trend has been UP since Jan 16th, 2019 at 1.470915

Smart Scan Analysis for USDNZD

Based on a pre-defined weighted trend formula for chart analysis, USDNZD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.48734 1.49095 1.48020 1.48087 -0.00647
Prev. Close Volume Bid Ask Time
1.48734 1.48065 1.48109 2019-01-22 20:08:13
Want to analyze US Dollar/New Zealand Dollar USDNZD or another symbol? Try our Free Forex Trend Analysis Report.