| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The New Zealand Dollar has been guided by a four-month descending channel against the Canadian Dollar. This pattern was formed on March 19 and has driven the currency pair lower. The exchange rate has been bouncing between the upper and the lower boundaries of a triangle pattern since June 22. The 55– and 100-hour SMAs was providing support for the pair during the last two consecutive trading session. Everything being equal, it is likely that the NZD/CAD currency exchange rate break out from the triangle pattern during the following trading sessions. Technical indicators suggest an upside breakout.