May 24, 2022 0:52 GMT
Over the past 88 days, NZDCAD’s price has been in a clear downtrend, falling by about $0.00 per day.
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.
Over the past 31 months, NZDCAD’s price has gone down $0.
NZDCAD has a price of $0.8241, down 0.71% from its value 25 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
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.
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Price action traders may also wish to note that we see a doji candlestick pattern on nzdcad.
This imputes a buy/sell ratio of 0, which is quite bearish.
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 100 day average, which is 124.5 pips away.
The closest is the 100 day average, which is 101 pips away.
The closest is the 100 day average, which is 43.5 pips away.
Relative to other instruments in the forex asset class, nzdcad ranked 37th the day prior in terms of percentage price change.