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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_TOPNZD
Open High Low TOPNZD Price Change
0.6572 0.6572 0.6572 0.6572 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPNZD

long term up The long term trend has been UP since Apr 1st, 2019 at 0.65415

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2019 at 0.66145

short term down The short term trend has been DOWN since Jun 25th, 2019 at 0.66145

Smart Scan Analysis for TOPNZD

Based on a pre-defined weighted trend formula for chart analysis, TOPNZD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TOPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6572 0.6572 0.6572 0.6572 0.0000
Prev. Close Volume Bid Ask Time
0.6553 0.6400 0.6744 2019-07-12 03:09:09
Want to analyze Tongan Pa'anga/New Zealand Dollar TOPNZD or another symbol? Try our Free Forex Trend Analysis Report.