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Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)
Countertrend Down (-85) - NZDAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for NZDAUD
The long-term trend has been DOWN since Apr 14th, 2020 at 0.949490
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.966790
The short-term trend has been UP since May 19th, 2020 at 0.928725
Smart Scan Analysis for NZDAUD
Based on our trend formula, NZDAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9329800 | 0.9335685 | 0.9326950 | 0.9328250 | -0.0001550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9329800 | 0.9326200 | 0.9330300 | 2020-05-25 04:57:57 |