Exchange Rate Calculator

The exchange rate between the Canadian Dollar (CAD) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and forecasts to offer insights into the CAD/NZD currency pair.

Recent Exchange Rate Trends

Between December 2024 and March 2025, the CAD/NZD exchange rate experienced a downward trend. In December 2024, the rate was approximately 1.2336, and by March 2025, it had declined to around 1.2136. This represents a decrease of about 1.6% over the three-month period.

Technical Analysis

As of March 15, 2025, technical indicators suggested a bearish outlook for the CAD/NZD pair:

• Relative Strength Index (RSI 14): 41.504, indicating a sell signal.
• Moving Average Convergence Divergence (MACD 12,26): -0.001, also signaling a sell.
• Average Directional Index (ADX 14): 49.709, suggesting a strong trend.

Additionally, all moving averages (MA5 through MA200) were below the current price, reinforcing the bearish sentiment.

Forecasts

Forecasts for the CAD/NZD exchange rate vary among different sources:

• ExchangeRates.org.uk: Predicts the rate will rise to 1.2346 in one month, a 1.99% increase from the current rate of 1.2105.

• CoinCodex: Forecasts a decrease of 3.63% over the next month, bringing the rate down to 1.1597 from the current 1.2034.

• MidForex: Projects a gradual increase, with the rate reaching 1.2110 by the end of 2025 and 1.2206 by the end of 2026.

Conclusion

The CAD/NZD exchange rate has been on a downward trajectory in recent months, with technical indicators as of mid-March 2025 suggesting a bearish trend. However, forecasts for the near future are mixed, with some predicting an increase and others a decrease. This divergence underscores the importance of monitoring economic developments in both Canada and New Zealand, as well as global market conditions, to make informed decisions regarding this currency pair.