3 quant trades for the week, long NZD, EUR and AUD

Via eFX here are FX quant trades for the week from SEB

Recommends long NZD/USD, EUR, and AUD/USD.

"Long-term corrections are short-term trends... The three top trends this week are all working to lower the stretch.

Especially the NZD/USD up trend (and correction of negative stretch) is attractive given the relatively low volatility (-0.06 i.e. lower than usual) and the 20d rank of 1 indicating that we are the top of the trend, i.e. no correction to a previous strong trend," SEB clarifies.