Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Crossroads (+60) - NZDUSD 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 NZDUSD?

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

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

Open	High	Low	NZDUSD Price	Change
0.623565	0.624200	0.619275	0.620500	-0.003065
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

The long-term trend has been DOWN since Mar 7th, 2023 at 0.613075

The intermediate-term trend has been UP since Mar 17th, 2023 at 0.627700

The short-term trend has been UP since Mar 23rd, 2023 at 0.628235

Smart Scan Analysis for NZDUSD

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

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.623565	0.624200	0.619275	0.620500	-0.003065
Prev. Close	Volume	Bid	Ask	Time
0.620500				2023-03-24 21:39:37

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