| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Sell | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The New Zealand Dollar has been appreciating against the Canadian Dollar since the pair reversed from the lower boundary of a long-term ascending channel located near 0.8400.
Currently, the currency pair is testing the resistance level formed by the monthly R3 at 0.9062. From a theoretical point of view, the exchange rate should continue to go upwards to the upper channel line located circa 0.9250.
However, if given resistance level holds, a short-term decline might occur within the following sessions. The currency pair might decline to the monthly R2 at 0.8864.