Forex Trend Analysis Report
Prepared for you on Monday, May 20, 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.
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MarketClub’s Trade Triangles for AUDNZD
The long-term trend has been UP since Mar 21st, 2024 at 1.0879550
The intermediate-term trend has been DOWN since May 16th, 2024 at 1.0875203
The short-term trend has been DOWN since May 15th, 2024 at 1.0956200
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.093615 | 1.094100 | 1.092597 | 1.093335 | -0.000280 |
Prev. Close | Volume | Bid | Ask | Time |
1.093615 | 2024-05-20 08:31:04 |