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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

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.

FOREX_USDNZD
Open High Low USDNZD Price Change
1.520625 1.530675 1.517645 1.524985 +0.004360
Entry Signal

MarketClub’s Trade Triangles for USDNZD

long term up The long-term trend has been UP since Nov 26th, 2021 at 1.469375

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2022 at 1.485110

short term up The short-term trend has been UP since Jan 17th, 2022 at 1.473305

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).

+90
Smart Scan Analysis for USDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.520625 1.530675 1.517645 1.524985 +0.004360
Prev. Close Volume Bid Ask Time
1.520625 2022-01-28 12:16:31
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