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 0.045447111129761s
t_/pages/forecast: 1x 0.041307926177979s
t_/common/header-new: 1x 0.026100873947144s
t_/common/head: 1x 0.019609928131104s
t_/common/footer-new: 1x 0.0047450065612793s
router_page: 1x 0.0018038749694824s
router: 1x 0.0010690689086914s
t_/popups/on-download: 1x 0.00074410438537598s
t_/common/cookie-banner: 1x 0.00060606002807617s
service-routes: 1x 0.0003819465637207s
t_/blocks/sidebar-afil: 1x 0.00029611587524414s
router_redirection: 1x 0.00023818016052246s
t_/popups/zoom: 1x 6.0081481933594E-5s
----- END OF DUMP (2025-02-05 04:00:02)  -----