NZDAUD New Zealand Dollar - Australian Dollar Forecast, Technical & Fundamental Analysis

NZDAUD in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 24, 2024

NZDAUD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 57 cases where NZDAUD's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NZDAUD's RSI Oscillator exited the oversold zone, of 52 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NZDAUD just turned positive on January 07, 2025. Looking at past instances where NZDAUD's MACD turned positive, the stock continued to rise in of 96 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 80 cases where NZDAUD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on January 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NZDAUD as a result. In of 122 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Aroon Indicator for NZDAUD entered a downward trend on December 28, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.