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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

/New Zealand Dollar (FOREX:XDRNZD)

Countertrend Up (+85) - XDRNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_XDRNZD
Open High Low XDRNZD Price Change
2.1556918 2.1556918 2.1556918 2.1556918 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRNZD

long term up The long-term trend has been UP since Jan 27th, 2020 at 2.0957031

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2020 at 2.0957031

short term up The short-term trend has been UP since Feb 10th, 2020 at 2.1309082

Smart Scan Analysis for XDRNZD

Based on our trend formula, XDRNZD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for XDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1556918 2.1556918 2.1556918 2.1556918 0.0000000
Prev. Close Volume Bid Ask Time
2.1753732 2.1556918 2.1556918 2020-02-25 07:23:09
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