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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

Bull Market Weakness (+75) - CADNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
1.2211874 1.2254068 1.2211874 1.2211874 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term up The long-term trend has been UP since Mar 27th, 2024 at 1.2273432

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 1.2121738

short term up The short-term trend has been UP since Apr 12th, 2024 at 1.2238213

Smart Scan Analysis for CADNZD

Based on our trend formula, CADNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2211874 1.2254068 1.2211874 1.2211874 0.0000000
Prev. Close Volume Bid Ask Time
1.2211874 2024-04-14 08:09:22
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