Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Special Drawing Right/New Zealand Dollar (FOREX:SDRNZD)

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.

FOREX_SDRNZD
Open High Low SDRNZD Price Change
2.0411 2.0411 2.0411 2.0411 0.0000
Entry Signal

MarketClub’s Trade Triangles for SDRNZD

long term down The long term trend has been DOWN since Nov 9th, 2018 at 2.0640

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 2.0496

short term up The short term trend has been UP since Feb 19th, 2019 at 2.0220

Smart Scan Analysis for SDRNZD

Based on a pre-defined weighted trend formula for chart analysis, SDRNZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0411 2.0411 2.0411 2.0411 0.0000
Prev. Close Volume Bid Ask Time
2.0411 2.0411 2.0411 2019-02-21 21:03:53
Want to analyze Special Drawing Right/New Zealand Dollar SDRNZD or another symbol? Try our Free Forex Trend Analysis Report.