Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_NZDCAD
Open High Low NZDCAD Price Change
0.87295 0.87295 0.87295 0.87295 0.00000
Entry Signal

MarketClub’s Trade Triangles for NZDCAD

long term down The long term trend has been DOWN since Apr 22nd, 2019 at 0.8911

intermediate term up The intermediate term trend has been UP since Jun 3rd, 2019 at 0.8879

short term down The short term trend has been DOWN since Jun 7th, 2019 at 0.8833

Smart Scan Analysis for NZDCAD

Based on a pre-defined weighted trend formula for chart analysis, NZDCAD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NZDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.87295 0.87295 0.87295 0.87295 0.00000
Prev. Close Volume Bid Ask Time
0.87295 0.87261 0.87329 2019-06-16 06:52:24
Want to analyze New Zealand Dollar/Canadian Dollar NZDCAD or another symbol? Try our Free Forex Trend Analysis Report.