Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
New Zealand Dollar/Khazanah Sukuk (FOREX:NZDLFX)
Strong Uptrend (+100) - NZDLFX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDLFX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NZDLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDLFX
The long-term trend has been UP since Jun 2nd, 2020 at 1.2884
The intermediate-term trend has been UP since Oct 26th, 2020 at 1.3163
The short-term trend has been UP since Nov 3rd, 2020 at 1.3191
Smart Scan Analysis for NZDLFX
Based on our trend formula, NZDLFX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).