NZD/USD Ratio: -1.05 Signal: Bullish
Currency Last Week %Long %Change of Positions Outstanding
NZD/USD 1.42 59% 20.0%
NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.05 as nearly 51% of traders are short. Yesterday, the ratio was at 1.42 as 59% of open positions were long. In detail, long positions are 19.8% lower than yesterday and 20.0% weaker since last week. Short positions are 19.4% higher than yesterday and 18.5% weaker since last week. Open interest is 3.6% weaker than yesterday and 3.1% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD gains.
Written By David Rodriguez, Currency Analyst for DailyFx.com