Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

New Zealand Dollar/Chinese Yuan Renminbi Offshore (FOREX:NZDCNH)

Bull Market Weakness (+75) - NZDCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDCNH as it may be in the beginning stages of a reversal.

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

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

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

FOREX_NZDCNH
Open High Low NZDCNH Price Change
4.758695 4.765330 4.684355 4.687865 -0.070830
Entry Signal

MarketClub’s Trade Triangles for NZDCNH

long term up The long-term trend has been UP since Dec 2nd, 2020 at 4.636115

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2021 at 4.690755

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 4.720715

Smart Scan Analysis for NZDCNH

Based on our trend formula, NZDCNH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NZDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.758695 4.765330 4.684355 4.687865 -0.070830
Prev. Close Volume Bid Ask Time
4.758695 2021-02-26 17:11:28
Get a free daily analysis and signals for New Zealand Dollar/Chinese Yuan Renminbi Offshore (NZDCNH) - Request Your Free Report.