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Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)
Countertrend Down (-85) - AUDNZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Sep 18th, 2023 at 1.0684389
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 1.0806494
The short-term trend has been UP since Sep 28th, 2023 at 1.0808199
Smart Scan Analysis for AUDNZD
Based on our trend formula, AUDNZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0723500 | 1.0818350 | 1.0716929 | 1.0768850 | +0.0045350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0723500 | 2023-09-28 20:40:20 |