Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)
Strong Downtrend (-100) - AUDNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for AUDNZD
The long-term trend has been DOWN since Nov 11th, 2020 at 1.0593926
The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.0823000
The short-term trend has been DOWN since Nov 30th, 2020 at 1.0493823
Smart Scan Analysis for AUDNZD
Based on our trend formula, AUDNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).