Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Crossroads (+60) - NZDAUD 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 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.

Open	High	Low	NZDAUD Price	Change
0.957015	0.957620	0.956835	0.957405	+0.000390
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

The long-term trend has been UP since Jul 15th, 2021 at 0.943200

The intermediate-term trend has been DOWN since Sep 29th, 2021 at 0.957085

The short-term trend has been DOWN since Oct 22nd, 2021 at 0.954570

Smart Scan Analysis for NZDAUD

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

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.957015	0.957620	0.956835	0.957405	+0.000390
Prev. Close	Volume	Bid	Ask	Time
0.957015				2021-10-25 02:44:40

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