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Forex Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Strong Downtrend (-100) - USDNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDNZD
Open High Low USDNZD Price Change
1.3943150 1.3946250 1.3919824 1.3928750 -0.0014400
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term down The long-term trend has been DOWN since Jun 4th, 2020 at 1.551055

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 1.392685

short term down The short-term trend has been DOWN since Apr 13th, 2021 at 1.416610

Smart Scan Analysis for USDNZD

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

-100
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3943150 1.3946250 1.3919824 1.3928750 -0.0014400
Prev. Close Volume Bid Ask Time
1.3943150 2021-04-23 02:23:06
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