NZD/CAD Up 20 Pips On 4 Hour Chart, Makes Big Move Relative to Two Week Trend; Pin Bar Pattern Appearing on Chart
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.
NZDCAD
(Last Updated April 8, 2020)
Hello! This is the news page for NZDCAD. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of NZDCAD:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bearish
How the Current NZDCAD Rate Fares Relative to the Past Year?
The exchange rate for NZDCAD closed yesterday at 0.836739. On a relative basis, that puts the pair closer to its 52 week low (currently at 0.79899403) than its 52 week high (now at 0.8901011).To dig deeper and get the latest news on NZDCAD, try the links below. You can also visit the MarketWatch or Investing.com pages on NZDCAD for more news as well.
NZD/CAD Down 10 Pips On 4 Hour Chart, Eyes 20 Day Average; Pin Bar Pattern Appearing on Chart
Compared to its peers in the forex, nzd/cad gave its buyers a return that ranked 14th in terms of percentage change since the previous day.
NZD/CAD Down 17 Pips On 4 Hour Chart, Makes Big Move Relative to Two Week Trend; Crosses 50 Day Moving Average
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
NZD/CAD Up 5 Pips Over Past 4 Hours, 2 Day Down Streak Snapped; Pin Bar Pattern Appearing on Chart
Compared to its peers in the forex, nzd/cad gave its buyers a return that ranked 13th in terms of percentage change since yesterday.
NZD/CAD Down 28 Pips in Last 4 Hours, Makes Big Move Relative to Two Week Trend; is Inching Close to 20 Day Average
As for the rationale, technical traders seem to be citing the appearance of trendline and wedge technical patterns.
NZD/CAD Up 19 Pips On 4 Hour Chart, Makes Big Move Relative to Two Week Trend; Price Base in Formation Over Past 14 Days
As for the rationale, technical traders seem to be citing the appearance of head and shoulders technical patterns.
NZD/CAD Down 13 Pips On 4 Hour Chart, Makes Big Move Relative to Past Three Months; Entered Today Down For the 2nd Day In A Row
For additional context, note that price has gone up 15 out of the past 30 days.
NZD/CAD Up 7 Pips Over Past 4 Hours, Makes Big Move Relative to Two Week Trend; Entered Today Up For the 2nd Day In A Row
As for the rationale, technical traders seem to be citing the appearance of elliott wave and wedge technical patterns.
NZD/CAD Up 5 Pips Over Past 4 Hours, Makes Big Move Relative to Past Three Months; Entered Today Up For the 2nd Day In A Row
The closest is the 20 day average, which is 39.4 pips away.
NZD/CAD Down 20 Pips On 4 Hour Chart, Moves Up For the 2nd Day In A Row; Nears 100 and 200 Day Moving Averages
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.