Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)
Sidelines Mode (+55) - AUDNZD 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 AUDNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDNZD.
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 AUDNZD
The long-term trend has been UP since Mar 21st, 2024 at 1.0879550
The intermediate-term trend has been UP since Mar 6th, 2024 at 1.0733500
The short-term trend has been DOWN since Apr 14th, 2024 at 1.0877028
Smart Scan Analysis for AUDNZD
Based on our trend formula, AUDNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.0896079 | 1.0906574 | 1.0896079 | 1.0896741 | +0.0000660 |
Prev. Close | Volume | Bid | Ask | Time |
1.0896079 | 2024-04-20 05:06:33 |