Tickeron detected bearish FOREX Pattern: Rectangle Top NZDUSD on March 19, 2024, netting in a 2.89% gain over 1 month

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03/29/24

+2.89% Gain from a Successful pattern Rectangle Top

NZDUSD - New Zealand Dollar - United States Dollar

Ticker: NZD / USD

Company: New Zealand Dollar - United States Dollar

Gain from shortening: +2.89%

Confirmed: 03/19/24

Succeeded: 03/28/24

Total length: 37 days

On February 20, 2024, A.I.dvisor detected a Rectangle Top Pattern (Bearish) for New Zealand Dollar - United States Dollar (NZDUSD, $0.616720). 28 days later, on March 19, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 28, 2024, the stock hit the target price of $0.596053 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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