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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

New Zealand Dollar/ (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.

FOREX_NZDXDR
Open High Low NZDXDR Price Change
0.43551691 0.43551691 0.43551691 0.43551691 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NZDXDR

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 0.47716683

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2020 at 0.43492081

short term down The short-term trend has been DOWN since Feb 10th, 2020 at 0.46928348

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).

-75
Smart Scan Analysis for NZDXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43551691 0.43551691 0.43551691 0.43551691 0.00000000
Prev. Close Volume Bid Ask Time
0.43551691 0.43551691 0.43551691 2020-04-02 07:19:26
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