AUD/NZD Up 6 Pips in Last Hour, Entered Today Down For the 2nd Consecutive Day; in an Uptrend Over Past 30 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
May 23, 2022 18:49 GMT
Over the past 88 days, AUDNZD’s price has been in a clear uptrend, growing by about $0.00 per day.
Over the past 133 days, AUDNZD’s price has been in a clear uptrend, growing by about $0.00 per day.
AUDNZD’s price has moved up $0.02 over the prior 16 months.
AUDNZD has a price of $1.0995, up 0.55% from its value 24 days prior.
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+ 500 – Internal server error
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
This move is a reversal from the hour prior, which saw price move up.
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up.
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
Price action traders may also wish to note that we see a doji candlestick pattern on audnzd.
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.