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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)
Countertrend Down (-85) - NZDCAD 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 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 DOWN since Mar 27th, 2024 at 0.815225
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.824985
The short-term trend has been UP since Apr 24th, 2024 at 0.813300
Smart Scan Analysis for NZDCAD
Based on our trend formula, NZDCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8132400 | 0.8138000 | 0.8130000 | 0.8136148 | +0.0003750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8132400 | 2024-04-25 00:46:34 |