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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Long-Term Downtrend (-90) - NZDUSD is in a strong downtrend that is likely to continue. While NZDUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_NZDUSD
Open High Low NZDUSD Price Change
0.620525 0.625200 0.619965 0.621695 +0.001170
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term down The long-term trend has been DOWN since Apr 27th, 2022 at 0.653065

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.634855

short term down The short-term trend has been DOWN since Jun 21st, 2022 at 0.627195

Smart Scan Analysis for NZDUSD

Based on our trend formula, NZDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.620525 0.625200 0.619965 0.621695 +0.001170
Prev. Close Volume Bid Ask Time
0.620525 2022-07-04 21:35:03
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