Free Daily Analysis

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.

FOREX_NZDUSD
Open High Low NZDUSD Price Change
0.594865 0.596015 0.587975 0.591645 -0.003220
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term down The long-term trend has been DOWN since Feb 20th, 2020 at 0.632200

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.659900

short term down 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).

-100
Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.594865 0.596015 0.587975 0.591645 -0.003220
Prev. Close Volume Bid Ask Time
0.594865 0.591600 0.591690 2020-04-01 14:51:32
Get a free daily analysis and signals for New Zealand Dollar/US Dollar (NZDUSD) - Request Your Free Report.