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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/New Zealand Dollar (FOREX:EURNZD)
Crossroads (+60) - EURNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURNZD
The long-term trend has been UP since Mar 19th, 2024 at 1.793500
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1.785045
The short-term trend has been DOWN since Apr 22nd, 2024 at 1.798575
Smart Scan Analysis for EURNZD
Based on our trend formula, EURNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.799890 | 1.804120 | 1.795945 | 1.800200 | +0.000310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.799890 | 2024-04-26 11:26:23 |