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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
1.436615 1.437565 1.430800 1.436035 -0.000580
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long term trend has been UP since Oct 5th, 2017 at 1.401975

intermediate term up The intermediate term trend has been UP since Oct 3rd, 2017 at 1.395265

short term up The short term trend has been UP since Oct 18th, 2017 at 1.398585

Smart Scan Analysis for USDNZD

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

+100
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.436615 1.437565 1.430800 1.436035 -0.000580
Prev. Close Volume Bid Ask Time
1.436615 1.435830 1.436240 2017-10-23 16:38:59
Want to analyze US Dollar/New Zealand Dollar USDNZD or another symbol? Try our Free Forex Trend Analysis Report.