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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Bear Market Rally (-75) - NZDAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDAUD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NZDAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDAUD
Open High Low NZDAUD Price Change
0.9014700 0.9018000 0.9006138 0.9017200 +0.0002500
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 0.9196609

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 0.9209100

short term up The short-term trend has been UP since Jul 17th, 2024 at 0.9030700

Smart Scan Analysis for NZDAUD

Based on our trend formula, NZDAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9014700 0.9018000 0.9006138 0.9017200 +0.0002500
Prev. Close Volume Bid Ask Time
0.9014700 2024-07-18 06:52:19
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