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Forex Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Crossroads (+60) - NZDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NZDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDUSD
Open High Low NZDUSD Price Change
0.599500 0.600975 0.598685 0.599235 -0.000265
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 0.613075

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2023 at 0.598885

short term up The short-term trend has been UP since Sep 28th, 2023 at 0.597500

Smart Scan Analysis for NZDUSD

Based on our trend formula, NZDUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.599500 0.600975 0.598685 0.599235 -0.000265
Prev. Close Volume Bid Ask Time
0.599500 2023-10-01 18:33:57
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