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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)

Countertrend Up (+85) - AUDNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
1.0778768 1.0799100 1.0770200 1.0795488 +0.0016720
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term up The long-term trend has been UP since Mar 23rd, 2021 at 1.0893950

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2021 at 1.0828454

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 1.0792763

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).

+85
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0778768 1.0799100 1.0770200 1.0795488 +0.0016720
Prev. Close Volume Bid Ask Time
1.0778768 2021-05-12 04:24:41
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