Black Friday Deal Black Friday Offer: Get a Lifetime Plan With 70% Discount! See Pricing Only till NOV, 28

The market has stabilized, the first signs of an uptrend appeared

March 21, 2022 6:58:06 PM by Alex Zarevich
Forecast Details
Direction Buy
StatusClosed (0.6860)
Mar. 21, 2022

+85 p
Target 2
+60 p
Target 1
-60 p
Stop Loss
Chart & Analyst Comments
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on NZDUSD. As a result, we recommend considering only Long trades at this time.
  2. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. A significant cluster of sellers is below the current price, this is evidenced by a sharp increase in Profit Ratio every time the price decreases. Downward movement is difficult, correction is possible.
  4. MVP line is below the price and acts as a support level.
  5. The first target is at the level of the previous peak - 0.692, and the second one, in case of an active price increase, is at the level - 0.6945
    index: 1x 0.034510135650635s
t_/pages/forecast: 1x 0.031243085861206s
t_/common/header-new: 1x 0.020054817199707s
t_/common/head: 1x 0.016371011734009s
t_/common/footer-new: 1x 0.0024139881134033s
router_page: 1x 0.0015370845794678s
router: 1x 0.00072813034057617s
t_/popups/on-download: 1x 0.00053906440734863s
service-routes: 1x 0.00030708312988281s
router_redirection: 1x 0.0001518726348877s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2022-11-26 19:09:11)  -----