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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2019.

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

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
1.5226 1.5226 1.5226 1.5226 0.0000
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 up The intermediate term trend has been UP since Jun 25th, 2019 at 1.51285

short term up The short term trend has been UP since Jun 25th, 2019 at 1.51285

Smart Scan Analysis for NZDTOP

Based on a pre-defined weighted trend formula for chart analysis, NZDTOP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for NZDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5226 1.5226 1.5226 1.5226 0.0000
Prev. Close Volume Bid Ask Time
1.5269 1.4827 1.5625 2019-07-12 03:09:09
Want to analyze New Zealand Dollar/Tongan Pa'anga NZDTOP or another symbol? Try our Free Forex Trend Analysis Report.