Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
New Zealand Dollar/US Dollar (FOREX:NZDUSD)
Strong Downtrend (-100) - NZDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for NZDUSD
The long-term trend has been DOWN since Feb 20th, 2020 at 0.632200
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.659900
The short-term trend has been DOWN since Mar 31st, 2020 at 0.591215
Smart Scan Analysis for NZDUSD
Based on our trend formula, NZDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).