Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
New Zealand Dollar/US Dollar (FOREX:NZDUSD)
Weak Downtrend (-65) - NZDUSD is showing signs of a strengthening downtrend. Monitor NZDUSD as it may be building momentum to the downside.
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 DOWN since Mar 19th, 2024 at 0.603835
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.606900
The short-term trend has been UP since May 3rd, 2024 at 0.597900
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.601150 | 0.601875 | 0.600500 | 0.600675 | -0.000475 |
Prev. Close | Volume | Bid | Ask | Time |
0.601150 | 2024-05-05 20:05:10 |