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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/New Zealand Dollar (FOREX:EURNZD)

Countertrend Up (+85) - EURNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_EURNZD
Open High Low EURNZD Price Change
1.84048 1.84926 1.83946 1.84924 +0.00876
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term up The long-term trend has been UP since Jul 19th, 2024 at 1.815535

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2024 at 1.824100

short term down The short-term trend has been DOWN since Dec 24th, 2024 at 1.839025

Smart Scan Analysis for EURNZD

Based on our trend formula, EURNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.84048 1.84926 1.83946 1.84924 +0.00876
Prev. Close Volume Bid Ask Time
1.84048 2024-12-26 10:15:17
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