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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Strong Uptrend (+100) - NZDAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.6311768 2.6396089 2.6311768 2.6379223 +0.0067460
Entry Signal

MarketClub’s Trade Triangles for NZDAED

long term up The long-term trend has been UP since Oct 19th, 2021 at 2.6332005

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 2.5986131

short term up The short-term trend has been UP since Oct 14th, 2021 at 2.5614922

Smart Scan Analysis for NZDAED

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

+100
Smart Scan Analysis for NZDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6311768 2.6396089 2.6311768 2.6379223 +0.0067460
Prev. Close Volume Bid Ask Time
2.6311768 2021-10-22 05:31:42
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