Hawkeye_Analytics

NZDAUD displays a Bullish tendency following 8 down days

Long
SAXO:NZDAUD   New Zealand Dollar/Australian Dollar
The NZDAUD has just recorded 8 consecutive down days. Since 1982, sustained weakness of this length has been observed on 12 previous occasions. Over the next 17-days, following these episodes, NZDAUD displayed a reversal tendency, with an average gain of 1.6% & win rate of 10 from 12.

Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the 'risk' expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.