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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
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MarketClub’s Trade Triangles for USDNZD
The long-term trend has been UP since Nov 14th, 2024 at 1.708115
The intermediate-term trend has been UP since Oct 7th, 2024 at 1.627115
The short-term trend has been UP since Dec 4th, 2024 at 1.714870
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.770080 | 1.778675 | 1.768420 | 1.777605 | +0.007525 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.770080 | 2024-12-26 11:21:57 |