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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
New Zealand Dollar/Canadian Dollar (FOREX:NZDCAD)
Strong Downtrend (-100) - NZDCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDCAD continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 21st, 2024 at 0.8162585
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.8154000
The short-term trend has been DOWN since Dec 18th, 2024 at 0.8192900
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8122321 | 0.8122321 | 0.8120167 | 0.8120167 | -0.0002150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8122321 | 2024-12-21 08:43:38 |