Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
US Dollar/New Zealand Dollar (FOREX:USDNZD)
Long-Term Uptrend (+90) - USDNZD is in a strong uptrend that is likely to continue. While USDNZD 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 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.
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MarketClub’s Trade Triangles for USDNZD
The long-term trend has been UP since Mar 19th, 2024 at 1.656080
The intermediate-term trend has been UP since Mar 18th, 2024 at 1.647730
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 +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.6932700 | 1.6970000 | 1.6833296 | 1.6900461 | -0.0032240 |
Prev. Close | Volume | Bid | Ask | Time |
1.6932700 | 2024-04-17 17:15:37 |