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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

New Zealand Dollar/US Dollar (FOREX:NZDUSD)

Weak Uptrend (+65) - NZDUSD is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_NZDUSD
Open High Low NZDUSD Price Change
0.61205 0.61205 0.61185 0.61205 0.00000
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term up The long-term trend has been UP since Jun 12th, 2024 at 0.621600

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 0.604355

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.611700

Smart Scan Analysis for NZDUSD

Based on our trend formula, NZDUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61205 0.61205 0.61185 0.61205 0.00000
Prev. Close Volume Bid Ask Time
0.61205 2024-06-22 04:20:06
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