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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/US Dollar (FOREX:NZDUSD)
Weak Downtrend (-65) - NZDUSD is showing signs of a strengthening downtrend. Monitor NZDUSD as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for NZDUSD
The long-term trend has been UP since Jun 12th, 2024 at 0.62160
The intermediate-term trend has been DOWN since Jun 26th, 2024 at 0.60973
The short-term trend has been DOWN since Jul 9th, 2024 at 0.61130
Smart Scan Analysis for NZDUSD
Based on our trend formula, NZDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for NZDUSD](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.588615 | 0.590550 | 0.588400 | 0.588800 | +0.000185 |
Prev. Close | Volume | Bid | Ask | Time |
0.588615 | 2024-07-26 19:40:37 |