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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Bull Market Weakness (+75) - NZDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDAUD as it may be in the beginning stages 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
0.9324100 0.9324150 0.9286527 0.9286527 -0.0037570
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term up The long-term trend has been UP since Sep 27th, 2023 at 0.932260

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 0.927705

short term down The short-term trend has been DOWN since Dec 8th, 2023 at 0.931460

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
0.9324100 0.9324150 0.9286527 0.9286527 -0.0037570
Prev. Close Volume Bid Ask Time
0.9324100 2023-12-08 20:48:16
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