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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Chinese Yuan Renminbi (FOREX:NZDCNY)
Weak Downtrend (-65) - NZDCNY is showing signs of a strengthening downtrend. Monitor NZDCNY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDCNY.
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 NZDCNY
The long-term trend has been UP since Jun 3rd, 2024 at 4.3997927
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 4.3972725
The short-term trend has been DOWN since Jul 9th, 2024 at 4.4441455
Smart Scan Analysis for NZDCNY
Based on our trend formula, NZDCNY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for NZDCNY](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
4.2659792 | 4.2817671 | 4.2659792 | 4.2690344 | +0.0030550 |
Prev. Close | Volume | Bid | Ask | Time |
4.2659792 | 2024-07-26 20:07:25 |