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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.

FOREX_NZDTOP
Open High Low NZDTOP Price Change
1.4811 1.4811 1.4811 1.4811 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDTOP

long term up The long-term trend has been UP since Dec 4th, 2019 at 1.48955

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 1.52075

short term down 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).

-70
Smart Scan Analysis for NZDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4811 1.4811 1.4811 1.4811 0.0000
Prev. Close Volume Bid Ask Time
1.4725 1.4432 1.5190 2020-02-18 22:52:24
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