NZDUSD New Zealand Dollar - United States Dollar Forecast, Technical & Fundamental Analysis

Momentum Indicator for NZDUSD turns negative, indicating new downward trend

NZDUSD saw its Momentum Indicator move below the 0 level on January 07, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 129 similar instances where the indicator turned negative. In of the 129 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Aroon Indicator for NZDUSD entered a downward trend on December 29, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NZDUSD's RSI Oscillator exited the oversold zone, of 45 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 NZDUSD just turned positive on January 05, 2025. Looking at past instances where NZDUSD'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 .

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