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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

New Zealand Dollar/South African Rand (FOREX:NZDZAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_NZDZAR
Open High Low NZDZAR Price Change
9.65070 9.69725 9.60210 9.65930 +0.00860
Entry Signal

MarketClub’s Trade Triangles for NZDZAR

long term down The long term trend has been DOWN since Jan 16th, 2019 at 9.2632

intermediate term up The intermediate term trend has been UP since Feb 13th, 2019 at 9.4697

short term up The short term trend has been UP since Feb 11th, 2019 at 9.2496

Smart Scan Analysis for NZDZAR

Based on a pre-defined weighted trend formula for chart analysis, NZDZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NZDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.65070 9.69725 9.60210 9.65930 +0.00860
Prev. Close Volume Bid Ask Time
9.65070 9.65360 9.66500 2019-02-15 18:24:57
Want to analyze New Zealand Dollar/South African Rand NZDZAR or another symbol? Try our Free Forex Trend Analysis Report.