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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

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
1.09919 1.10050 1.09593 1.09663 -0.00256
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term up The long-term trend has been UP since Nov 29th, 2024 at 1.1202150

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2024 at 1.0979887

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 1.0993400

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
1.09919 1.10050 1.09593 1.09663 -0.00256
Prev. Close Volume Bid Ask Time
1.09919 2024-12-04 22:51:11
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