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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)
Weak Downtrend (-65) - NZDCAD is showing signs of a strengthening downtrend. Monitor NZDCAD as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for NZDCAD
The long-term trend has been UP since May 21st, 2024 at 0.838100
The intermediate-term trend has been DOWN since Jun 24th, 2024 at 0.836465
The short-term trend has been DOWN since Jul 9th, 2024 at 0.832000
Smart Scan Analysis for NZDCAD
Based on our trend formula, NZDCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for NZDCAD](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.813310 | 0.816200 | 0.813200 | 0.814281 | +0.000971 |
Prev. Close | Volume | Bid | Ask | Time |
0.813310 | 2024-07-26 19:43:38 |