EN

NZDUSD - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairNZDUSD
Publication Time11/11/19 3:18 PM
Direction Sell
Status Closed (0.6380)
Nov. 11, 2019
Nov. 18, 2019
Forecast
-125 p
0.6485
Stop Loss
0.6360
Entry
+135 p
0.6225
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the Current Ratio indicator, the market crowd inclined to believe in an upward movement. We recommend Short trade for today.
  2. In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  4. MVP line is above the price and acts as a resistance level.
    index: 1x 0.027342081069946s
t_/pages/forecast: 1x 0.025351047515869s
t_/common/header-new: 1x 0.016901016235352s
t_/common/head: 1x 0.013635158538818s
t_/common/footer-new: 1x 0.0021331310272217s
router_page: 1x 0.00068902969360352s
router: 1x 0.0004420280456543s
t_/popups/on-download: 1x 0.00040912628173828s
t_/common/cookie-banner: 1x 0.00030303001403809s
service-routes: 1x 0.00016999244689941s
t_/blocks/sidebar-afil: 1x 0.00014805793762207s
router_redirection: 1x 9.2029571533203E-5s
t_/popups/zoom: 1x 8.8214874267578E-6s
----- END OF DUMP (2025-08-12 06:28:08)  -----