Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)
Sidelines Mode (-55) - NZDCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDCAD
The long-term trend has been DOWN since Nov 21st, 2024 at 0.8162585
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.8154000
The short-term trend has been UP since Jan 14th, 2025 at 0.8067000
Smart Scan Analysis for NZDCAD
Based on our trend formula, NZDCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8106079 | 0.8121350 | 0.8094258 | 0.8111629 | +0.0005550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8106079 | 2025-01-20 09:46:56 |