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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

New Zealand Dollar/Australian Dollar (FOREX:NZDAUD)

Countertrend Down (-85) - NZDAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.9186950 0.9193900 0.9159420 0.9160169 -0.0026780
Entry Signal

MarketClub’s Trade Triangles for NZDAUD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 0.9196609

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2024 at 0.9341557

short term up The short-term trend has been UP since Apr 9th, 2024 at 0.9155350

Smart Scan Analysis for NZDAUD

Based on our trend formula, NZDAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NZDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9186950 0.9193900 0.9159420 0.9160169 -0.0026780
Prev. Close Volume Bid Ask Time
0.9186950 2024-04-12 19:27:25
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