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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

Strong Uptrend (+100) - CADNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CADNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADNZD
Open High Low CADNZD Price Change
1.2296400 1.2333594 1.2282400 1.2330850 +0.0034450
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term up The long-term trend has been UP since Mar 27th, 2024 at 1.2273432

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 1.2121738

short term up The short-term trend has been UP since Mar 12th, 2024 at 1.2050960

Smart Scan Analysis for CADNZD

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

+100
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2296400 1.2333594 1.2282400 1.2330850 +0.0034450
Prev. Close Volume Bid Ask Time
1.2296400 2024-03-28 06:49:59
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