NZDAUD New Zealand Dollar - Australian Dollar Forecast, Technical & Fundamental Analysis
NZDAUD's RSI Indicator soaring into overbought territory
The RSI Oscillator for NZDAUD moved into overbought territory on April 17, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 14, 2025. You may want to consider a long position or call options on NZDAUD as a result. In of 126 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
NZDAUD and Forex
Correlation & Price change
A.I.dvisor tells us that NZDAUD and AUDNZD have been negatively correlated (-99% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that NZDAUD and AUDNZD's prices could move in opposite directions.
| Ticker / NAME | Correlation To NZDAUD | 1D Price Change % | ||
|---|---|---|---|---|
| NZDAUD | 100% | N/A | ||
| AUDNZD - NZDAUD | -99% Negatively correlated | N/A |