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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.
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MarketClub’s Trade Triangles for EURNZD
The long-term trend has been UP since Jul 19th, 2024 at 1.815535
The intermediate-term trend has been UP since Nov 29th, 2024 at 1.824100
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).
| 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 |