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Forex Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)

Crossroads (+60) - NZDCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NZDCAD
Open High Low NZDCAD Price Change
0.8147505 0.8147505 0.8147505 0.8147505 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDCAD

long term down The long-term trend has been DOWN since Apr 11th, 2023 at 0.8338800

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2023 at 0.8109600

short term up The short-term trend has been UP since Sep 28th, 2023 at 0.8059192

Smart Scan Analysis for NZDCAD

Based on our trend formula, NZDCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NZDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8147505 0.8147505 0.8147505 0.8147505 0.0000000
Prev. Close Volume Bid Ask Time
0.8147505 2023-09-30 06:17:28
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