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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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
0.905820 0.907470 0.902565 0.904035 -0.001785
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term down The long-term trend has been DOWN since Dec 23rd, 2021 at 0.9423150

intermediate term up The intermediate-term trend has been UP since Aug 14th, 2022 at 0.9084550

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 0.9031654

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
0.905820 0.907470 0.902565 0.904035 -0.001785
Prev. Close Volume Bid Ask Time
0.905820 2022-08-18 21:52:08
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