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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)

Sidelines Mode (+50) - AUDNZD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AUDNZD can gain momentum.

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.

FOREX_AUDNZD
Open High Low AUDNZD Price Change
1.047150 1.048525 1.044970 1.048100 +0.000950
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term down The long-term trend has been DOWN since Jul 15th, 2021 at 1.0600839

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2021 at 1.0448461

short term up The short-term trend has been UP since Oct 22nd, 2021 at 1.0467791

Smart Scan Analysis for AUDNZD

Based on our trend formula, AUDNZD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.047150 1.048525 1.044970 1.048100 +0.000950
Prev. Close Volume Bid Ask Time
1.047150 2021-10-26 15:12:37
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