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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

New Zealand Dollar/Tongan Pa'anga (FOREX:NZDTOP)

Crossroads (-60) - NZDTOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NZDTOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDTOP
Open High Low NZDTOP Price Change
1.4338 1.4338 1.4338 1.4338 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDTOP

long term up The long-term trend has been UP since Jun 6th, 2024 at 1.44195

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2024 at 1.43810

short term down The short-term trend has been DOWN since Jun 17th, 2024 at 1.44270

Smart Scan Analysis for NZDTOP

Based on our trend formula, NZDTOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NZDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4338 1.4338 1.4338 1.4338 0.0000
Prev. Close Volume Bid Ask Time
1.4338 1.4009 1.4667 2024-07-15 00:49:53
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