Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for NZDAUD
The long term trend has been UP since Oct 15th, 2018 at 0.922300
The intermediate term trend has been UP since Jan 28th, 2019 at 0.955220
The short term trend has been UP since Feb 12th, 2019 at 0.954955
Smart Scan Analysis for NZDAUD
Based on a pre-defined weighted trend formula for chart analysis, NZDAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).