Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CADNZD
The long-term trend has been UP since Nov 21st, 2024 at 1.2260563
The intermediate-term trend has been DOWN since Apr 15th, 2025 at 1.2117012
The short-term trend has been UP since May 8th, 2025 at 1.2177150
Smart Scan Analysis for CADNZD
Based on our trend formula, CADNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.218585 | 1.220940 | 1.217080 | 1.219470 | +0.000885 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.218585 | 2025-05-09 07:21:10 |