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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

New Zealand Dollar/Euro (FOREX:NZDEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_NZDEUR
Open High Low NZDEUR Price Change
0.595495 0.596600 0.594800 0.596170 +0.000675
Entry Signal

MarketClub’s Trade Triangles for NZDEUR

long term down The long term trend has been DOWN since Mar 8th, 2017 at 0.65620

intermediate term up The intermediate term trend has been UP since Dec 10th, 2017 at 0.58515

short term up The short term trend has been UP since Jan 18th, 2018 at 0.59790

Smart Scan Analysis for NZDEUR

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

+60
Smart Scan Analysis for NZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.595495 0.596600 0.594800 0.596170 +0.000675
Prev. Close Volume Bid Ask Time
0.595495 0.596070 0.596270 2018-01-22 09:32:37
Want to analyze New Zealand Dollar/Euro NZDEUR or another symbol? Try our Free Forex Trend Analysis Report.