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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
New Zealand Dollar/Special drawing rights (FOREX:NZDXDR)
Bear Market Rally (-75) - NZDXDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDXDR as it may be in the beginning of a reversal.
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 Mar 20th, 2024 at 0.45411889
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.45864746
The short-term trend has been UP since Apr 18th, 2024 at 0.44835504
Smart Scan Analysis for NZDXDR
Based on our trend formula, NZDXDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.44974367 | 0.44974367 | 0.44974367 | 0.44974367 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.44974367 | 2024-04-23 21:01:41 |