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NZD is opposite in Fundamental & COTA

in LITA Technology Discussion

NZD is -60 in fundamental score telling that it will be very weak. Yet in COT it is showing that hedge funds are buying it like crazy.

All the technical are showing that NZD is getting weaker in almost all major pairs ( NZDUSD, GBPZD , NZDJPY, EURNZD).

I am writing this on satudray as new numbers of logikfx were released only few hours ago.

Please advise how such a situation should be handled. Is it a great buying opportunity or great selling selling opportunity.

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2 Comments

Sep 22, 2021

Thanks. That explains it. Use it when they are aligned together

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