January 18, 2022 18:53 GMT
Over the past 91 days, NZDCAD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 134 days, NZDCAD’s price has been in a clear downtrend, falling by about $0.00 per day.
NZDCAD’s price has moved down $0.03 over the prior 16 months.
NZDCAD has a price of $0.8481, down 1.23% from its value 18 days prior.
+ Strongest correlations over previous 29 days within its asset class: AUDCAD, CADCHF, and EURCAD
+ Weakest correlation over previous 29 days within its asset class: NZDJPY
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.
Price action traders may also wish to note that we see a pin bar candlestick pattern on nzdcad.
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
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.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
The closest is the 20 day average, which is 33.2 pips away.
Interestingly, a trend in the other direction exists on the 90 and 30 day timeframes, where price is headed down.
The clearest trend exists on the 30 day timeframe, which shows price moving down over that time.
The clearest trend exists on the 30 day timeframe, which shows price moving down over that time.