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 0.035140991210938s
t_/pages/forecast: 1x 0.032341957092285s
t_/common/header-new: 1x 0.021142959594727s
t_/common/head: 1x 0.017709970474243s
t_/common/footer-new: 1x 0.0028581619262695s
router_page: 1x 0.0014119148254395s
router: 1x 0.00076198577880859s
t_/popups/on-download: 1x 0.00067591667175293s
t_/common/cookie-banner: 1x 0.00035786628723145s
service-routes: 1x 0.00030708312988281s
t_/blocks/sidebar-afil: 1x 0.00017595291137695s
router_redirection: 1x 0.00014400482177734s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2024-10-18 03:01:10)  -----