Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

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
0.8400100 0.8404188 0.8346836 0.8364750 -0.0035350
Entry Signal

MarketClub’s Trade Triangles for NZDCAD

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.8219

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 0.8203

short term up The short-term trend has been UP since Nov 14th, 2023 at 0.8157

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
0.8400100 0.8404188 0.8346836 0.8364750 -0.0035350
Prev. Close Volume Bid Ask Time
0.8400100 2023-11-29 16:57:14
Get a free daily analysis and signals for New Zealand Dollar/Canadian Dollar (NZDCAD) - Request Your Free Report.