Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Special drawing rights/New Zealand Dollar (FOREX:XDRNZD)
Bull Market Weakness (+75) - XDRNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRNZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XDRNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRNZD.
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 XDRNZD
The long-term trend has been UP since Jul 26th, 2024 at 2.2371758
The intermediate-term trend has been UP since Oct 9th, 2024 at 2.1805168
The short-term trend has been UP since Nov 17th, 2024 at 2.2244428
Smart Scan Analysis for XDRNZD
Based on our trend formula, XDRNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2434663 | 2.2434663 | 2.2434663 | 2.2434663 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2434663 | 2024-11-18 13:11:45 |