Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

New Zealand Dollar/ (FOREX:NZDLFX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_NZDLFX
Open High Low NZDLFX Price Change
1.3732 1.3852 1.3713 1.3845 +0.0113
Entry Signal

MarketClub’s Trade Triangles for NZDLFX

long term up The long term trend has been UP since Nov 6th, 2018 at 1.3602

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 1.3760

short term down The short term trend has been DOWN since Feb 19th, 2019 at 1.3868

Smart Scan Analysis for NZDLFX

Based on a pre-defined weighted trend formula for chart analysis, NZDLFX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NZDLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3732 1.3852 1.3713 1.3845 +0.0113
Prev. Close Volume Bid Ask Time
1.3732 1.3840 1.3850 2019-02-22 17:09:11
Want to analyze New Zealand Dollar/ NZDLFX or another symbol? Try our Free Forex Trend Analysis Report.