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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Tongan Pa'anga/New Zealand Dollar (FOREX:TOPNZD)

Weak Downtrend (-65) - TOPNZD is showing signs of a strengthening downtrend. Monitor TOPNZD as it may be building momentum to the downside.

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

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

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

FOREX_TOPNZD
Open High Low TOPNZD Price Change
0.7025 0.7025 0.7025 0.7025 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPNZD

long term up The long-term trend has been UP since Feb 25th, 2020 at 0.68025

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2020 at 0.70640

short term down The short-term trend has been DOWN since May 10th, 2020 at 0.71220

Smart Scan Analysis for TOPNZD

Based on our trend formula, TOPNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TOPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7025 0.7025 0.7025 0.7025 0.0000
Prev. Close Volume Bid Ask Time
0.6970 0.6852 0.7198 2020-06-01 00:18:21
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