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Forex Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Long-Term Uptrend (+90) - USDNZD is in a strong uptrend that is likely to continue. While USDNZD 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 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
1.780005 1.789825 1.778015 1.787600 +0.007595
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long-term trend has been UP since Nov 14th, 2024 at 1.708115

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 1.627115

short term up The short-term trend has been UP since Dec 31st, 2024 at 1.780675

Smart Scan Analysis for USDNZD

Based on our trend formula, USDNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.780005 1.789825 1.778015 1.787600 +0.007595
Prev. Close Volume Bid Ask Time
1.780005 2025-01-02 17:00:39
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