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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Special drawing rights/New Zealand Dollar (FOREX:XDRNZD)

Weak Downtrend (-65) - XDRNZD is showing signs of a strengthening downtrend. Monitor XDRNZD as it may be building momentum to the downside.

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.

FOREX_XDRNZD
Open High Low XDRNZD Price Change
2.2811366 2.2811366 2.2811366 2.2811366 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRNZD

long term up The long-term trend has been UP since Jul 26th, 2024 at 2.2371758

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 2.3156868

short term down The short-term trend has been DOWN since Feb 16th, 2025 at 2.2968730

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).

-70
Smart Scan Analysis for XDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2811366 2.2811366 2.2811366 2.2811366 0.0000000
Prev. Close Volume Bid Ask Time
2.2811366 2025-02-22 01:41:06
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