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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
New Zealand Dollar/US Dollar (FOREX:NZDUSD)
Strong Downtrend (-100) - NZDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NZDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDUSD.
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 NZDUSD
The long-term trend has been DOWN since Nov 14th, 2024 at 0.58546
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.61450
The short-term trend has been DOWN since Nov 21st, 2024 at 0.58366
Smart Scan Analysis for NZDUSD
Based on our trend formula, NZDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.587730 | 0.588370 | 0.582935 | 0.584460 | -0.003270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.587730 | 2024-11-21 22:51:32 |