Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
New Zealand Dollar/US Dollar (FOREX:NZDUSD)
Bull Market Weakness (+75) - NZDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDUSD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for NZDUSD
The long-term trend has been UP since Jun 4th, 2020 at 0.644820
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.715895
The short-term trend has been UP since Apr 14th, 2021 at 0.708840
Smart Scan Analysis for NZDUSD
Based on our trend formula, NZDUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).