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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)

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

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

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

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

FOREX_AUDNZD
Open High Low AUDNZD Price Change
1.1041400 1.1075000 1.1033621 1.1060135 +0.0018740
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term up The long-term trend has been UP since Dec 12th, 2021 at 1.0614228

intermediate term down The intermediate-term trend has been DOWN since Aug 14th, 2022 at 1.0999542

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 1.0996154

Smart Scan Analysis for AUDNZD

Based on our trend formula, AUDNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1041400 1.1075000 1.1033621 1.1060135 +0.0018740
Prev. Close Volume Bid Ask Time
1.1041400 2022-08-18 07:07:45
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