Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

New Zealand Dollar/Euro (FOREX:NZDEUR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.56840 0.56880 0.56440 0.56529 -0.00311
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 Aug 8th, 2018 at 0.57690

short term down The short term trend has been DOWN since Sep 24th, 2018 at 0.56635

Smart Scan Analysis for NZDEUR

Based on a pre-defined weighted trend formula for chart analysis, NZDEUR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56840 0.56880 0.56440 0.56529 -0.00311
Prev. Close Volume Bid Ask Time
0.56840 0.56519 0.56539 2018-09-24 22:59:49
Want to analyze New Zealand Dollar/Euro NZDEUR or another symbol? Try our Free Forex Trend Analysis Report.