Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
New Zealand Dollar/South African Rand (FOREX:NZDZAR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
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MarketClub’s Trade Triangles for NZDZAR
The long term trend has been UP since Mar 14th, 2019 at 9.94260
The intermediate term trend has been DOWN since May 10th, 2019 at 9.37135
The short term trend has been UP since May 24th, 2019 at 9.45990
Smart Scan Analysis for NZDZAR
Based on a pre-defined weighted trend formula for chart analysis, NZDZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.44555 | 9.46360 | 9.40135 | 9.42900 | -0.01655 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.43515 | 9.42610 | 9.43190 | 2019-05-24 18:19:16 |