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.
MarketClub’s Trade Triangles for NZDCAD
The long-term trend has been UP since Nov 23rd, 2022 at 0.8280458
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.8528250
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).