NEW ZEALAND DOLLAR / OFFSHORE CHINESE YUAN

NZDCNH
 
     
 
     
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NZDCNH Forex Chart

 

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IvanLabrie IvanLabrie PRO (NZDJPY/100*0.064573+NZDEUR*0.047035+NZDUSD*0.144781+NZDAUD*0.21988+NZDCNH*0.114271)/5, 2W, Short ,
(NZDJPY/100*0.064573+NZDEUR*0.047035+NZDUSD*0.144781+NZDAUD*0.21988+NZDCNH*0.114271)/5: NZD trade weighted index: Short NZD against strong currencies
NZD trade weighted index: Short NZD against strong currencies

NZD is a short against its main trading partners. The uptrend in this biweekly chart exceeded the target and ran right into the previous downtrend mode, so it'll naturally come back down to the uptrend mode at the very least. Look for prolonged weakness in NZD crosses, and exploit it. Thank me later... Check out my updated track record here: ...

Charles.Yang Charles.Yang NZDCNH, D,
NZDCNH: NZDCHN  UPTREND CHANNEL
36 0 2
NZDCNH, D
NZDCHN UPTREND CHANNEL

NOW ABOVE THE MIDDLE LINE

diamkat diamkat NZDCNH, D, Short ,
NZDCNH: Short NZDCNH
22 0 2
NZDCNH, D Short
Short NZDCNH

NZDCNH is in a long term downtrend and at the moment is in a countertrend wedge formation.

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