Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Tongan Pa'anga/New Zealand Dollar (FOREX:TOPNZD)
Strong Downtrend (-100) - TOPNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for TOPNZD
The long-term trend has been DOWN since Oct 22nd, 2021 at 0.6231
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.6302
The short-term trend has been DOWN since Oct 14th, 2021 at 0.6361
Smart Scan Analysis for TOPNZD
Based on our trend formula, TOPNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).