Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

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
0.71218	0.71760	0.71107	0.71743	+0.00525
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

The long-term trend has been UP since Jun 4th, 2020 at 0.644820

The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.715895

The short-term trend has been DOWN since Feb 26th, 2021 at 0.730725

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
0.71218	0.71760	0.71107	0.71743	+0.00525
Prev. Close	Volume	Bid	Ask	Time
0.71218				2021-03-09 06:29:19

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