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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Weak Uptrend (+65) - USDNZD is showing signs of weakening momentum to the upside. Monitor USDNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDNZD
Open High Low USDNZD Price Change
1.660840 1.670595 1.659005 1.666180 +0.005340
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long-term trend has been UP since Feb 20th, 2020 at 1.5817550

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 1.5151050

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 1.6764464

Smart Scan Analysis for USDNZD

Based on our trend formula, USDNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.660840 1.670595 1.659005 1.666180 +0.005340
Prev. Close Volume Bid Ask Time
1.660840 1.665890 1.666470 2020-04-09 07:42:41
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