January 18, 2022 3:53 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 134 days, NZDUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
NZDUSD’s price has moved up $0.01 over the prior 16 months.
NZDUSD has a price of $0.6768, down 0.5% from its value 18 days prior.
+ Strongest correlations over previous 29 days within its asset class: EURNOK, USDNOK, and USDSEK
+ Weakest correlation over previous 29 days within its asset class: CADCHF
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down.
Volatility for nzdusd has been contracting over the past two weeks relative to volatility over the past month.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down.
Relative to other instruments in the forex asset class, nzdusd ranked 20th the previous day in terms of percentage price change.
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
Compared to its peers in the forex, nzdusd gave its buyers a return that ranked 20th in terms of percentage change since yesterday.
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.
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.