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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

New Zealand Dollar/South African Rand (FOREX:NZDZAR)

Crossroads (-60) - NZDZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NZDZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDZAR
Open High Low NZDZAR Price Change
10.715487 10.810351 10.686284 10.769549 +0.054062
Entry Signal

MarketClub’s Trade Triangles for NZDZAR

long term up The long-term trend has been UP since Feb 27th, 2020 at 9.750508

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2020 at 11.026813

short term down The short-term trend has been DOWN since May 21st, 2020 at 10.968500

Smart Scan Analysis for NZDZAR

Based on our trend formula, NZDZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NZDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.715487 10.810351 10.686284 10.769549 +0.054062
Prev. Close Volume Bid Ask Time
10.715487 10.764016 10.775082 2020-05-25 20:32:46
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