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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

New Zealand Dollar/Icelandic Krona (FOREX:NZDISK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_NZDISK
Open High Low NZDISK Price Change
79.9270 79.9455 79.3120 79.3880 -0.5390
Entry Signal

MarketClub’s Trade Triangles for NZDISK

long term down The long term trend has been DOWN since Jul 30th, 2019 at 79.888

intermediate term down The intermediate term trend has been DOWN since Jul 23rd, 2019 at 83.429

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 79.475

Smart Scan Analysis for NZDISK

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

-100
Smart Scan Analysis for NZDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.9270 79.9455 79.3120 79.3880 -0.5390
Prev. Close Volume Bid Ask Time
79.9270 79.1590 79.6170 2019-08-23 14:25:49
Want to analyze New Zealand Dollar/Icelandic Krona NZDISK or another symbol? Try our Free Forex Trend Analysis Report.