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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.

FOREX_NZDUSD
Open High Low NZDUSD Price Change
0.71218 0.71760 0.71107 0.71743 +0.00525
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

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

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

short term down 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
Smart Scan Analysis for NZDUSD
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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