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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

US Dollar/New Zealand Dollar (FOREX:USDNZD)

Weak Downtrend (-65) - USDNZD is showing signs of a strengthening downtrend. Monitor USDNZD as it may be building momentum to the downside.

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
1.609725 1.609875 1.608045 1.608485 -0.001240
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long-term trend has been UP since Mar 7th, 2023 at 1.630940

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 1.593460

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 1.602215

Smart Scan Analysis for USDNZD

Based on our trend formula, USDNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.609725 1.609875 1.608045 1.608485 -0.001240
Prev. Close Volume Bid Ask Time
1.609725 2023-03-30 01:23:24
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