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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Sidelines Mode (-50) - NZDAUD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NZDAUD can gain momentum.

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
0.9581272 0.9581272 0.9581272 0.9581272 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term up The long-term trend has been UP since Jul 15th, 2021 at 0.943200

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 0.957085

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 0.954570

Smart Scan Analysis for NZDAUD

Based on our trend formula, NZDAUD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9581272 0.9581272 0.9581272 0.9581272 0.0000000
Prev. Close Volume Bid Ask Time
0.9581272 2021-10-24 02:19:39
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