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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Euro/New Zealand Dollar (FOREX:EURNZD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
1.7486 1.7486 1.7486 1.7486 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term up The long term trend has been UP since Jul 2nd, 2018 at 1.729335

intermediate term down The intermediate term trend has been DOWN since Oct 19th, 2018 at 1.748200

short term down The short term trend has been DOWN since Oct 9th, 2018 at 1.777390

Smart Scan Analysis for EURNZD

Based on a pre-defined weighted trend formula for chart analysis, EURNZD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7486 1.7486 1.7486 1.7486 0.0000
Prev. Close Volume Bid Ask Time
1.7486 1.7476 1.7496 2018-10-20 08:01:50
Want to analyze Euro/New Zealand Dollar EURNZD or another symbol? Try our Free Forex Trend Analysis Report.