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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_NZDTOP
Open High Low NZDTOP Price Change
1.47175 1.47175 1.47175 1.47175 0.00000
Entry Signal

MarketClub’s Trade Triangles for NZDTOP

long term down The long term trend has been DOWN since Apr 1st, 2019 at 1.52975

intermediate term down The intermediate term trend has been DOWN since Nov 11th, 2019 at 1.47680

short term down The short term trend has been DOWN since Nov 8th, 2019 at 1.47915

Smart Scan Analysis for NZDTOP

Based on a pre-defined weighted trend formula for chart analysis, NZDTOP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NZDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.47175 1.47175 1.47175 1.47175 0.00000
Prev. Close Volume Bid Ask Time
1.48735 1.43430 1.50920 2019-11-13 01:27:10
Want to analyze New Zealand Dollar/Tongan Pa'anga NZDTOP or another symbol? Try our Free Forex Trend Analysis Report.