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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Canadian Dollar/New Zealand Dollar (FOREX:CADNZD)

Bull Market Weakness (+75) - CADNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADNZD as it may be in the beginning stages of a reversal.

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
1.1457750 1.1488132 1.1451702 1.1468100 +0.0010350
Entry Signal

MarketClub’s Trade Triangles for CADNZD

long term up The long-term trend has been UP since Oct 13th, 2021 at 1.1589000

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2021 at 1.1377950

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 1.1445768

Smart Scan Analysis for CADNZD

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

+75
Smart Scan Analysis for CADNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1457750 1.1488132 1.1451702 1.1468100 +0.0010350
Prev. Close Volume Bid Ask Time
1.1457750 2021-12-02 06:16:57
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