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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NZDAED
Open High Low NZDAED Price Change
2.4735 2.4741 2.4612 2.4617 -0.0118
Entry Signal

MarketClub’s Trade Triangles for NZDAED

long term down The long term trend has been DOWN since Apr 24th, 2019 at 2.4290

intermediate term up The intermediate term trend has been UP since Jun 3rd, 2019 at 2.4209

short term down The short term trend has been DOWN since Jul 22nd, 2019 at 2.4745

Smart Scan Analysis for NZDAED

Based on a pre-defined weighted trend formula for chart analysis, NZDAED scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NZDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4735 2.4741 2.4612 2.4617 -0.0118
Prev. Close Volume Bid Ask Time
2.4735 2.4602 2.4632 2019-07-23 20:03:36
Want to analyze New Zealand Dollar/United Arab Emirates Dirham NZDAED or another symbol? Try our Free Forex Trend Analysis Report.