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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

Bull Market Weakness (+75) - CADNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADNZD
Open High Low CADNZD Price Change
1.1749000 1.1771400 1.1727206 1.1738050 -0.0010950
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term down The long-term trend has been DOWN since Dec 1st, 2019 at 1.167410

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 1.160745

short term up The short-term trend has been UP since Feb 17th, 2020 at 1.175380

Smart Scan Analysis for CADNZD

Based on our trend formula, CADNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1749000 1.1771400 1.1727206 1.1738050 -0.0010950
Prev. Close Volume Bid Ask Time
1.1749000 1.1731100 1.1745000 2020-02-17 17:46:40
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