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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

New Zealand Dollar/Chinese Renminbi Yuan (FOREX:NZDCNY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_NZDCNY
Open High Low NZDCNY Price Change
4.60175 4.60975 4.60165 4.60580 +0.00405
Entry Signal

MarketClub’s Trade Triangles for NZDCNY

long term down The long term trend has been DOWN since Feb 10th, 2019 at 4.53655

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2019 at 4.55705

short term up The short term trend has been UP since Mar 8th, 2019 at 4.56385

Smart Scan Analysis for NZDCNY

Based on a pre-defined weighted trend formula for chart analysis, NZDCNY scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for NZDCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.60175 4.60975 4.60165 4.60580 +0.00405
Prev. Close Volume Bid Ask Time
4.60175 4.60450 4.60710 2019-03-19 05:53:41
Want to analyze New Zealand Dollar/Chinese Renminbi Yuan NZDCNY or another symbol? Try our Free Forex Trend Analysis Report.