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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)

Bear Market Rally (-75) - AUDNZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDNZD as it may be in the beginning of a reversal.

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
1.0655600 1.0669800 1.0640031 1.0643200 -0.0012400
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 1.0593926

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2021 at 1.0761500

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 1.0756045

Smart Scan Analysis for AUDNZD

Based on our trend formula, AUDNZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0655600 1.0669800 1.0640031 1.0643200 -0.0012400
Prev. Close Volume Bid Ask Time
1.0655600 2021-02-26 11:42:03
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