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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Australian Dollar/New Zealand Dollar (FOREX:AUDNZD)

Crossroads (+60) - AUDNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.077225 1.077720 1.076390 1.076705 -0.000520
Entry Signal

MarketClub’s Trade Triangles for AUDNZD

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 1.0684389

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 1.0733500

short term up The short-term trend has been UP since Mar 14th, 2024 at 1.0762152

Smart Scan Analysis for AUDNZD

Based on our trend formula, AUDNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AUDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.077225 1.077720 1.076390 1.076705 -0.000520
Prev. Close Volume Bid Ask Time
1.077225 2024-03-19 02:26:13
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