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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)

Long-Term Uptrend (+90) - NZDCAD is in a strong uptrend that is likely to continue. While NZDCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.9293729 0.9325017 0.9273325 0.9289526 -0.0004200
Entry Signal

MarketClub’s Trade Triangles for NZDCAD

long term up The long-term trend has been UP since Jan 6th, 2021 at 0.9223600

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 0.9246052

short term up The short-term trend has been UP since Feb 19th, 2021 at 0.9188000

Smart Scan Analysis for NZDCAD

Based on our trend formula, NZDCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NZDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9293729 0.9325017 0.9273325 0.9289526 -0.0004200
Prev. Close Volume Bid Ask Time
0.9293729 2021-02-25 14:38:18
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