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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)

Long-Term Uptrend (+90) - NZDAED is in a strong uptrend that is likely to continue. While NZDAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NZDAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDAED
Open High Low NZDAED Price Change
2.7004689 2.7009518 2.6961969 2.6961969 -0.0042720
Entry Signal

MarketClub’s Trade Triangles for NZDAED

long term up The long-term trend has been UP since Jun 3rd, 2020 at 2.3625205

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2020 at 2.4526502

short term up The short-term trend has been UP since Feb 19th, 2021 at 2.6699797

Smart Scan Analysis for NZDAED

Based on our trend formula, NZDAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NZDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7004689 2.7009518 2.6961969 2.6961969 -0.0042720
Prev. Close Volume Bid Ask Time
2.7004689 2021-02-26 04:56:31
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