Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
New Zealand Dollar/Khazanah Sukuk (FOREX:NZDLFX)
Long-Term Uptrend (+90) - NZDLFX is in a strong uptrend that is likely to continue. While NZDLFX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Feb 2nd, 2021 at 1.3789
The short-term trend has been UP since Feb 19th, 2021 at 1.3815
Smart Scan Analysis for NZDLFX
Based on our trend formula, NZDLFX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).