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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Strong Downtrend (-100) - NZDAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDAUD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NZDAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDAUD
Open High Low NZDAUD Price Change
0.9174500 0.9183450 0.9164225 0.9168050 -0.0006450
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 0.9196609

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2024 at 0.9341557

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.9292600

Smart Scan Analysis for NZDAUD

Based on our trend formula, NZDAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9174500 0.9183450 0.9164225 0.9168050 -0.0006450
Prev. Close Volume Bid Ask Time
0.9174500 2024-03-29 09:20:20
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