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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Zealand Dollar/Special drawing rights (FOREX:NZDXDR)
Crossroads (+60) - NZDXDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDXDR.
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 NZDXDR
The long-term trend has been DOWN since Mar 20th, 2024 at 0.45411889
The intermediate-term trend has been UP since May 8th, 2024 at 0.45304920
The short-term trend has been UP since May 8th, 2024 at 0.45304920
Smart Scan Analysis for NZDXDR
Based on our trend formula, NZDXDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.45389746 | 0.45389746 | 0.45389746 | 0.45389746 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.45389746 | 2024-05-08 21:02:50 |