NZD/CAD Up 4 Pips in Last Hour, Makes Big Move Relative to Two Week Trend; in a Downtrend Over Past 14 Days
Volatility for nzdcad has been contracting over the past two weeks relative to volatility over the past month.
NZDCAD
May 24, 2022 15:52 GMT
NZDCAD Hourly View
Over the past 88 days, NZDCAD’s price has been in a clear downtrend, falling by about $0.00 per day.
NZDCAD Daily View
Over the past 134 days, the trend for NZDCAD’s price has been choppy and unclear. It has oscillated between $0.8107 and $0.8764.
NZDCAD Weekly View
NZDCAD’s price has moved down $0.09 over the prior 16 months.
NZDCAD Monthly View
NZDCAD has a price of $0.8271, down 0.35% from its value 25 days prior.
What is NZDCAD Correlated With?
+ 500 – Internal server error
+ 500 – Internal server error
NZD/CAD Down 6 Pips On Hourly Chart, Makes Big Move Relative to Two Week Trend; in a Downtrend Over Past 14 Days
It’s been a feast for bears operating on an hourly timeframe, as nzdcad has now gone down 4 of the past 5 hours.
NZD/CAD Down 2 Pips On Hourly Chart; in a Downtrend Over Past 14 Days
Relative to other instruments in the forex asset class, nzdcad ranked 19th the previous day in terms of percentage price change.
NZD/CAD Down 3 Pips Over Past Hour, 6 Day Down Streak Snapped; in a Downtrend Over Past 14 Days
The clearest trend exists on the 30 day timeframe, which shows price moving down over that time.
NZD/CAD Up 3 Pips On Hourly Chart, Makes Big Move Relative to Two Week Trend; Moves Down For the 6th Consecutive Day
Relative to other instruments in the forex asset class, nzdcad ranked 30th the previous day in terms of percentage price change.
NZD/CAD Up 6 Pips in Last Hour, Moves Down For the 5th Consecutive Day; in a Downtrend Over Past 30 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
NZD/CAD Down 1 Pips in Last Hour, Came Into Today Down For the 4th Day In A Row; in a Downtrend Over Past 14 Days
This imputes a buy/sell ratio of 0.33, which is bearish.
NZD/CAD Down 7 Pips Over Past Hour, Entered Today Down For the 3rd Day In A Row; in a Downtrend Over Past 30 Days
Here is a detailed update top-down analysis for nzdcad.which scenario do you think is more likely to happen?
NZD/CAD Up 3 Pips Over Past Hour, Came Into Today Down For the 2nd Straight Day; in a Downtrend Over Past 30 Days
Price action traders may also wish to note that we see a pin bar candlestick pattern on nzdcad.
NZD/CAD Up 4 Pips On Hourly Chart, Makes Big Move Relative to Past Three Months; in a Downtrend Over Past 30 Days
But, let’s not get carried away with that idea just yet. 🙂 as for the rationale, technical traders seem to be citing the appearance of demand zone technical patterns.