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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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
0.9198000 0.9200950 0.9169750 0.9177613 -0.0020390
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 up The intermediate-term trend has been UP since Apr 14th, 2024 at 0.9194250

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.9198463

Smart Scan Analysis for NZDAUD

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

+70
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9198000 0.9200950 0.9169750 0.9177613 -0.0020390
Prev. Close Volume Bid Ask Time
0.9198000 2024-04-19 19:16:08
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