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

NZDUSD - Upward trend will continue, Long trade by market price recommended

February 26, 2021 8:58:25 AM by Alex Zarevich
Forecast Details
PairNZDUSD
Direction Buy
StatusClosed (0.7275)
8:52
8:52
Feb. 26, 2021

+105 p
0.7460
Target 2
+75 p
0.7430
Target 1
0.7355
Entry
-80 p
0.7275
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. Downward movement is accompanied by the activity of sellers who will serve as a "fuel" for upward price movement.
  3. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  5. The trade is aimed at the previous high breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 0.743
    index: 1x 0.034982919692993s
t_/pages/forecast: 1x 0.031416893005371s
t_/common/header-new: 1x 0.019909143447876s
t_/common/head: 1x 0.016040086746216s
t_/common/footer-new: 1x 0.0024528503417969s
router_page: 1x 0.0015079975128174s
router: 1x 0.0009760856628418s
t_/popups/on-download: 1x 0.00051188468933105s
service-routes: 1x 0.00046110153198242s
router_redirection: 1x 0.00024700164794922s
t_/popups/zoom: 1x 3.6954879760742E-5s
----- END OF DUMP (2022-11-26 18:35:11)  -----