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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

Weak Uptrend (+65) - CADNZD is showing signs of weakening momentum to the upside. Monitor CADNZD as it may be in the beginning stages of a reversal.

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.

FOREX_CADNZD
Open High Low CADNZD Price Change
1.12931 1.12973 1.12876 1.12956 +0.00025
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term up The long-term trend has been UP since Oct 13th, 2021 at 1.158900

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2021 at 1.127880

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 1.151745

Smart Scan Analysis for CADNZD

Based on our trend formula, CADNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.12931 1.12973 1.12876 1.12956 +0.00025
Prev. Close Volume Bid Ask Time
1.12931 2021-10-20 01:00:58
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