Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

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

Sidelines Mode (+50) - TOPNZD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TOPNZD can gain momentum.

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
0.6756 0.6756 0.6756 0.6756 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPNZD

long term down The long-term trend has been DOWN since Dec 4th, 2019 at 0.67175

intermediate term up The intermediate-term trend has been UP since Jan 28th, 2020 at 0.65800

short term up The short-term trend has been UP since Jan 7th, 2020 at 0.65575

Smart Scan Analysis for TOPNZD

Based on our trend formula, TOPNZD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for TOPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6756 0.6756 0.6756 0.6756 0.0000
Prev. Close Volume Bid Ask Time
0.6795 0.6583 0.6929 2020-02-18 22:52:24
Get a free daily analysis and signals for Tongan Pa'anga/New Zealand Dollar (TOPNZD) - Request Your Free Report.