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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)
Bull Market Weakness (+75) - AUDNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDNZD as it may be in the beginning stages of a reversal.
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 DOWN since Aug 6th, 2024 at 1.0714000
The intermediate-term trend has been UP since Nov 7th, 2024 at 1.1079099
The short-term trend has been UP since Nov 15th, 2024 at 1.1048950
Smart Scan Analysis for AUDNZD
Based on our trend formula, AUDNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.104750 | 1.106730 | 1.104475 | 1.106510 | +0.001760 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.104750 | 2024-11-20 03:38:38 |