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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Strong Uptrend (+100) - USDNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.6802050 1.6883750 1.6798112 1.6855050 +0.0053000
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long-term trend has been UP since Mar 19th, 2024 at 1.656080

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 1.647730

short term up The short-term trend has been UP since Apr 12th, 2024 at 1.676125

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
1.6802050 1.6883750 1.6798112 1.6855050 +0.0053000
Prev. Close Volume Bid Ask Time
1.6802050 2024-04-15 08:44:08
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