I would like to know about the recent changes or trends in the NZD/USD exchange rate. Specifically, I'm interested in understanding what has happened to the exchange rate between the New Zealand Dollar and the US Dollar.
5
answers
Stefano
Wed Feb 26 2025
Currently, the NZD/USD is trading at its lowest point in more than two years, marking a significant depreciation against the US dollar.
Sara
Wed Feb 26 2025
A crucial support level at 0.5771, which was the lowest point recorded in October 2023, has been breached.
ShintoMystery
Wed Feb 26 2025
The NZD/USD exchange rate has demonstrated a persistent downtrend on the weekly chart throughout this year.
EtherWhale
Wed Feb 26 2025
This breach signifies a breakdown in the technical chart pattern known as the triple-top, often indicating a reversal in trend.
Raffaele
Wed Feb 26 2025
Over the past five weeks, the rate has consistently declined, indicating a bearish sentiment in the market.