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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

Euro/New Zealand Dollar (FOREX:EURNZD)

Strong Downtrend (-100) - EURNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.7029 1.7029 1.7029 1.7029 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 1.759395

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2020 at 1.758390

short term down The short-term trend has been DOWN since Oct 23rd, 2020 at 1.767670

Smart Scan Analysis for EURNZD

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

-100
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7029 1.7029 1.7029 1.7029 0.0000
Prev. Close Volume Bid Ask Time
1.7029 2020-11-29 04:26:12
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