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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)
Sidelines Mode (+55) - CADNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 21st, 2024 at 1.2260563
The intermediate-term trend has been UP since Feb 9th, 2025 at 1.2393723
The short-term trend has been DOWN since Feb 20th, 2025 at 1.2281523
Smart Scan Analysis for CADNZD
Based on our trend formula, CADNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2251812 | 1.2251812 | 1.2239984 | 1.2239984 | -0.0011830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2251812 | 2025-02-22 03:08:09 |