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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)

Long-Term Uptrend (+90) - AUDNZD is in a strong uptrend that is likely to continue. While AUDNZD 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 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
1.1129200 1.1171131 1.1090537 1.1119227 -0.0009970
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term up The long-term trend has been UP since Mar 21st, 2024 at 1.0879550

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2024 at 1.0919344

short term up The short-term trend has been UP since Jul 26th, 2024 at 1.1136900

Smart Scan Analysis for AUDNZD

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

+90
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1129200 1.1171131 1.1090537 1.1119227 -0.0009970
Prev. Close Volume Bid Ask Time
1.1129200 2024-07-26 19:49:16
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