| 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) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The NZD/CAD currency pair has been trading in a descending channel since mid-June. This descending channel has guided the currency pair toward March 2016 low level at 0.8509.
The currency pair reversed from this low level a few days ago. Currently, the rate has breached the 50-hour simple moving average at 0.8559. The next level the exchange rate could target will be a resistance line formed by the 200-hour SMA at 0.8647.
Although, a resistance cluster formed by the combination of the weekly and the 100-hour SMA at 0.8611 could hinder the currency exchange rate from hitting this target today.