2013.11.27 | NZDUSD Market Analysis
NZDUSD Trends & Fibonacci Retracement Levels
The NZDUSD currency pair has been slightly rising in forex market trading today with prices consolidating right below the 0.8200 level. NZDUSD has registered a high of 0.82086 and a low of 0.81661 on the day. Trends data shows the pair is currently in a short-term downtrend with price trading under the short-term 21 period moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels indicator, the pair continues to be in an uptrend.
NZDUSD Trends Data: Linear Regression Indicator
10-day current trend is BEARISH / Trend strength of -158.7 pips
30-day current trend is BEARISH / Trend strength of -229.9 pips
60-day current trend is BULLISH / Trend strength of 151.6 pips
90-day current trend is BULLISH / Trend strength of 502.4 pips
180-day current trend is BEARISH / Trend strength of -74.6 pips
Fibonacci Retracement Levels: Past 100 Days
— 0.000 – 0.85410
— 0.236 – 0.83464
— 0.382 – 0.82260
— 0.500 – 0.81286
— 0.618 – 0.80313
— 0.764 – 0.79109
— 1.000 – 0.77163
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.
