Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
New Zealand Dollar/Tongan Pa'anga (FOREX:NZDTOP)
Weak Downtrend (-65) - NZDTOP is showing signs of a strengthening downtrend. Monitor NZDTOP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDTOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDTOP
The long-term trend has been UP since Dec 4th, 2019 at 1.48955
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 1.52075
The short-term trend has been DOWN since Jan 7th, 2020 at 1.52595
Smart Scan Analysis for NZDTOP
Based on our trend formula, NZDTOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).