NZDCAD → A false breakthrough will trigger a decline FX:NZDCAD is forming a countertrend correction with the aim of retesting key resistance and the liquidity zone amid a global downtrend.
A reaction to the support zone is forming. The price is recovering, but within the global downtrend. The countertrend movement may end in the resistance zone
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NZDCAD: Short-Term Bullish Move After BreakoutNZDCAD: Short-Term Bullish Move After Breakout
Yesterday, NZDCAD broke out of a strong zone and, after retesting support near 0.8065, the price bounced and resumed a bullish move.
This could turn into either a larger rally or just a corrective move, since the NZD still shows overall weakness.
H
NZDCAD DIRECTIONAL BIAS!Taking a look at the structural aspect of NZDCAD from the daily perspective, we can deduce that we have a good probability of seeing market rebound bullish in near term. Therefore, what I and my team will be doing is to Monitor price from the intraday perspective using the best timeframe H4 and lo
NZD/CAD: Time to Recover?!NZDCAD approached an important daily horizontal structure support level.
The subsequent test of this level halted the bearish momentum.
Furthermore, the market formed an inverted head and shoulders pattern on the 4-hour timeframe, subsequently breaching its neckline, thereby providing a clear bull
NZDCAD Set To Grow! BUY!
My dear followers,
This is my opinion on the NZDCAD next move:
The asset is approaching an important pivot point 0.8078
Bias - Bullish
Safe Stop Loss - 0.8072
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish t
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADNZD is 1.2302 NZD — it has decreased by −0.37% in the past 24 hours. See more of CADNZD rate dynamics on the detailed chart.
The value of the CADNZD pair is quoted as 1 CAD per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADNZD has the volatility rating of 0.21%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADNZD showed a 0.11% rise over the past week, the month change is a −0.11% fall, and over the last year it has increased by 4.32%. Track live rate changes on the CADNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADNZD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADNZD shows the buy signal, and 1 month rating is buy. See more of CADNZD technicals for a more comprehensive analysis.