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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.

FOREX_NZDUSD
Open High Low NZDUSD Price Change
0.632605 0.640000 0.631245 0.637155 +0.004550
Entry Signal

MarketClub’s Trade Triangles for NZDUSD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.633300

intermediate term up The intermediate-term trend has been UP since Oct 26th, 2022 at 0.581340

short term up 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).

+90
Smart Scan Analysis for NZDUSD
Strong Downtrend Sideways 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
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