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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Tongan Pa'anga/New Zealand Dollar (FOREX:TOPNZD)
Sidelines Mode (+55) - TOPNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TOPNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOPNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TOPNZD
The long-term trend has been UP since Apr 2nd, 2024 at 0.70065
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 0.70190
The short-term trend has been UP since Apr 11th, 2024 at 0.70190
Smart Scan Analysis for TOPNZD
Based on our trend formula, TOPNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7034 | 0.7034 | 0.7034 | 0.7034 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7076 | 0.6871 | 0.7197 | 2024-04-11 23:39:47 |