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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Long-Term Uptrend (+90) - NZDUSD is in a strong uptrend that is likely to continue. While NZDUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.72104 0.72110 0.71707 0.71761 -0.00343
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term up The long-term trend has been UP since Oct 19th, 2021 at 0.71700

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2021 at 0.70772

short term up The short-term trend has been UP since Oct 14th, 2021 at 0.69830

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
0.72104 0.72110 0.71707 0.71761 -0.00343
Prev. Close Volume Bid Ask Time
0.72104 2021-10-21 08:46:11
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