Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Euro/New Zealand Dollar (FOREX:EURNZD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURNZD
Open High Low EURNZD Price Change
1.639875 1.643025 1.639125 1.641600 +0.001725
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term up The long term trend has been UP since Mar 8th, 2017 at 1.523595

intermediate term down The intermediate term trend has been DOWN since Sep 17th, 2017 at 1.633170

short term down The short term trend has been DOWN since Sep 11th, 2017 at 1.646860

Smart Scan Analysis for EURNZD

Based on a pre-defined weighted trend formula for chart analysis, EURNZD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.639875 1.643025 1.639125 1.641600 +0.001725
Prev. Close Volume Bid Ask Time
1.639875 1.641330 1.641870 2017-09-22 04:17:17
Want to analyze Euro/New Zealand Dollar EURNZD or another symbol? Try our Free Forex Trend Analysis Report.