Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Euro/New Zealand Dollar (FOREX:EURNZD)

Weak Uptrend (+65) - EURNZD is showing signs of weakening momentum to the upside. Monitor EURNZD as it may be in the beginning stages of a reversal.

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
1.793520 1.797300 1.792345 1.793380 -0.000140
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 down The intermediate-term trend has been DOWN since Aug 12th, 2024 at 1.805245

short term up The short-term trend has been UP since Oct 2nd, 2024 at 1.763935

Smart Scan Analysis for EURNZD

Based on our trend formula, EURNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.793520 1.797300 1.792345 1.793380 -0.000140
Prev. Close Volume Bid Ask Time
1.793520 2024-10-08 08:19:43
Get a free daily analysis and signals for Euro/New Zealand Dollar (EURNZD) - Request Your Free Report.