Forex Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
New Zealand Dollar/Khazanah Sukuk (FOREX:NZDLFX)
Bull Market Weakness (+75) - NZDLFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDLFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDLFX
The long-term trend has been UP since Sep 2nd, 2021 at 1.3805
The intermediate-term trend has been UP since Aug 31st, 2021 at 1.3736
The short-term trend has been DOWN since Sep 14th, 2021 at 1.3837
Smart Scan Analysis for NZDLFX
Based on our trend formula, NZDLFX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).