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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.

FOREX_AUDNZD
Open High Low AUDNZD Price Change
1.0472350 1.0475959 1.0419750 1.0423750 -0.0048600
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 1.0593926

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.0823000

short term down 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).

-100
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0472350 1.0475959 1.0419750 1.0423750 -0.0048600
Prev. Close Volume Bid Ask Time
1.0472350 2020-12-01 10:38:34
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