August 15, 2022 21:55 GMT
Over the past 91 days, NZDUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 133 days, NZDUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
NZDUSD’s price has moved down $0.02 over the prior 31 months.
NZDUSD has a price of $0.6364, up 1.21% from its value 17 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
Given that we see downtrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Interestingly, a trend in the other direction exists on the 90 day timeframe, where price is headed down.
Price action traders may also wish to note that we see some doji and pin bar candlestick patterns on nzdusd.
This is a reversal of the price action on the previous hour, in which price moved up.
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.
Interestingly, a trend in the other direction exists on the 90 day timeframe, where price is headed down.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.