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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

New Zealand Dollar/Khazanah Sukuk (FOREX:NZDLFX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_NZDLFX
Open High Low NZDLFX Price Change
1.3350 1.3382 1.3340 1.3380 +0.0030
Entry Signal

MarketClub’s Trade Triangles for NZDLFX

long term up The long term trend has been UP since Dec 1st, 2019 at 1.3204

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 1.3343

short term down The short term trend has been DOWN since Jan 14th, 2020 at 1.3378

Smart Scan Analysis for NZDLFX

Based on a pre-defined weighted trend formula for chart analysis, NZDLFX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NZDLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3350 1.3382 1.3340 1.3380 +0.0030
Prev. Close Volume Bid Ask Time
1.3350 1.3375 1.3385 2020-01-23 09:59:57
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