NZD/USD Price Forecast and Currency Rate Prediction (2020)

The New Zealand Dollar to US Dollar (NZD/USD) exchange rate is one of the world’s most traded currency pairings.

In this article we make a New Zealand Dollar / US-Dollar price prediction and long-term forecast. We would like to give an assessment of the further price development of New Zealand Dollar / US-Dollar. We look at the long term quarterly chart for NZD/USD. The basis of our analysis is the Price Action and Technical Chart Analysis.

The charts used are from TradingView and the prices are from FXCM.

NZD/USD Quarterly Chart

NZD-USD Quarterly chart showing downtrend
NZD-USD in long-term downtrend

In the quarterly chart of NZD/USD we see price action from 1994 until second quarter of 2020.

NZD/USD price forecast and long-term prediction

The forex currency pair NZD/USD is in a stable downtrend on the long term quarterly chart. We expect to see a continuation of the weakness from NZD against USD.

Our long term downside target is the low of 2009 at $0,4891

What is the current price of NZD/USD ?

The current price of NZD/USD you can see here.

About NZD/USD

NZD/USD, often referred to as “Kiwi”, a foreign exchange term used to describe the New Zealand Dollar vs the US dollar, is one of the oldest traded currency pairs. The Currency Pair NZD/USD is the shortened term for the New Zealand Dollar against U.S. dollar pair, or cross for the currencies of New Zealand (NZD) and the United States (USD). … For example, if the pair is trading at 0.6500, it means it takes 0.6500 U.S. dollars to buy 1 New Zealand Dollar.

*This price prediction is based on the data collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.

Do you think our predictions are accurate? What are your thoughts on the methods used to reach our conclusions? Let us know in the comments below.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top