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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.

FOREX_TOPNZD
Open High Low TOPNZD Price Change
0.6223 0.6223 0.6223 0.6223 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPNZD

long term down The long-term trend has been DOWN since Oct 22nd, 2021 at 0.6231

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.6302

short term down 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).

-100
Smart Scan Analysis for TOPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6223 0.6223 0.6223 0.6223 0.0000
Prev. Close Volume Bid Ask Time
0.6223 0.6051 0.6395 2021-10-24 23:45:00
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