Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
New Zealand Dollar/Khazanah Sukuk (FOREX:NZDLFX)
Weak Downtrend (-65) - NZDLFX is showing signs of a strengthening downtrend. Monitor NZDLFX as it may be building momentum to the downside.
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 DOWN since Feb 27th, 2020 at 1.2921
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 1.3343
The short-term trend has been UP since Apr 6th, 2020 at 1.2502
Smart Scan Analysis for NZDLFX
Based on our trend formula, NZDLFX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).