Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
2.3650228 2.3650228 2.3650228 2.3650228 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDAED

long term up The long term trend has been UP since Dec 2nd, 2019 at 2.3733911

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 2.4259254

short term up The short term trend has been UP since Feb 11th, 2020 at 2.3557904

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
2.3650228 2.3650228 2.3650228 2.3650228 0.0000000
Prev. Close Volume Bid Ask Time
2.3650228 2.3115518 2.4184938 2020-02-16 21:04:33
Get a free daily report for New Zealand Dollar/United Arab Emirates Dirham (NZDAED) - Free Trend Analysis Report.