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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Long-Term Uptrend (+90) - NZDUSD is in a strong uptrend that is likely to continue. While NZDUSD 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 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
0.702 0.702 0.702 0.702 0.000
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term up The long-term trend has been UP since Jun 4th, 2020 at 0.64482

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2020 at 0.66830

short term up The short-term trend has been UP since Nov 3rd, 2020 at 0.66702

Smart Scan Analysis for NZDUSD

Based on our trend formula, NZDUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.702 0.702 0.702 0.702 0.000
Prev. Close Volume Bid Ask Time
0.702 2020-11-28 03:20:00
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