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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Sidelines Mode (+55) - NZDAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NZDAUD
Open High Low NZDAUD Price Change
0.9316722 0.9316722 0.9316722 0.9316722 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term down The long-term trend has been DOWN since Dec 31st, 2020 at 0.912575

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2021 at 0.939820

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 0.933720

Smart Scan Analysis for NZDAUD

Based on our trend formula, NZDAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9316722 0.9316722 0.9316722 0.9316722 0.0000000
Prev. Close Volume Bid Ask Time
0.9316722 2021-03-06 12:53:27
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