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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
US Dollar/New Zealand Dollar (FOREX:USDNZD)
Sidelines Mode (+55) - USDNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDNZD
The long-term trend has been UP since Nov 14th, 2024 at 1.7081150
The intermediate-term trend has been UP since Feb 2nd, 2025 at 1.8090608
The short-term trend has been DOWN since Feb 5th, 2025 at 1.7661450
Smart Scan Analysis for USDNZD
Based on our trend formula, USDNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.767895 | 1.768835 | 1.758415 | 1.759585 | -0.008310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.767895 | 2025-02-05 04:39:21 |