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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

New Zealand Dollar/Euro (FOREX:NZDEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.581700 0.582235 0.580200 0.582215 +0.000515
Entry Signal

MarketClub’s Trade Triangles for NZDEUR

long term down The long term trend has been DOWN since Jul 2nd, 2018 at 0.57823

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2018 at 0.59175

short term up The short term trend has been UP since Jul 17th, 2018 at 0.58110

Smart Scan Analysis for NZDEUR

Based on a pre-defined weighted trend formula for chart analysis, NZDEUR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.581700 0.582235 0.580200 0.582215 +0.000515
Prev. Close Volume Bid Ask Time
0.581700 0.582110 0.582320 2018-07-18 08:14:22
Want to analyze New Zealand Dollar/Euro NZDEUR or another symbol? Try our Free Forex Trend Analysis Report.