Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)

Strong Uptrend (+100) - NZDCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_NZDCAD
Open High Low NZDCAD Price Change
0.8523800 0.8526000 0.8512374 0.8519200 -0.0004600
Entry Signal

MarketClub’s Trade Triangles for NZDCAD

long term up The long-term trend has been UP since Nov 23rd, 2022 at 0.8280458

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.8528250

short term up The short-term trend has been UP since Mar 23rd, 2023 at 0.8595000

Smart Scan Analysis for NZDCAD

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

+100
Smart Scan Analysis for NZDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8523800 0.8526000 0.8512374 0.8519200 -0.0004600
Prev. Close Volume Bid Ask Time
0.8523800 2023-03-27 03:18:19
Get a free daily analysis and signals for New Zealand Dollar/Canadian Dollar (NZDCAD) - Request Your Free Report.