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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Special drawing rights (FOREX:NZDXDR)
Strong Downtrend (-100) - NZDXDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDXDR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NZDXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDXDR.
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 NZDXDR
The long-term trend has been DOWN since Jul 26th, 2024 at 0.44699213
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 0.46105140
The short-term trend has been DOWN since Jun 26th, 2024 at 0.46327942
Smart Scan Analysis for NZDXDR
Based on our trend formula, NZDXDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.44427082 | 0.44427082 | 0.44427082 | 0.44427082 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.44427082 | 2024-07-26 14:00:16 |