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Forex Trend Analysis Report
Prepared for you on Thursday, December 1, 2022.
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.
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MarketClub’s Trade Triangles for NZDUSD
The long-term trend has been UP since Dec 1st, 2022 at 0.633300
The intermediate-term trend has been UP since Oct 26th, 2022 at 0.581340
The short-term trend has been UP since Nov 30th, 2022 at 0.625235
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.632605 | 0.640000 | 0.631245 | 0.637155 | +0.004550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.632605 | 2022-12-01 15:36:55 |