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Forex Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)
Long-Term Uptrend (+90) - CADNZD is in a strong uptrend that is likely to continue. While CADNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CADNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADNZD.
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 CADNZD
The long-term trend has been UP since Apr 28th, 2022 at 1.19859
The intermediate-term trend has been UP since Mar 29th, 2022 at 1.16131
The short-term trend has been UP since Jun 22nd, 2022 at 1.22985
Smart Scan Analysis for CADNZD
Based on our trend formula, CADNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2528601 | 1.2537949 | 1.2481273 | 1.2521400 | -0.0007200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2528601 | 2022-07-03 17:50:48 |