Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)
Weak Downtrend (-65) - NZDCAD is showing signs of a strengthening downtrend. Monitor NZDCAD as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for NZDCAD
The long-term trend has been UP since Nov 14th, 2023 at 0.821900
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.824985
The short-term trend has been DOWN since Mar 12th, 2024 at 0.829800
Smart Scan Analysis for NZDCAD
Based on our trend formula, NZDCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.8218300 | 0.8226188 | 0.8197000 | 0.8198006 | -0.0020290 |
Prev. Close | Volume | Bid | Ask | Time |
0.8218300 | 2024-03-19 05:32:06 |