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

NZDAUD sees MACD Histogram crosses below signal line

NZDAUD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 11, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 95 instances where the indicator turned negative. In of the 95 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NZDAUD as a result. In of 123 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NZDAUD's RSI Oscillator exited the oversold zone, of 50 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 69 cases where NZDAUD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

NZDAUD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.