Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)
Bear Market Rally (-75) - NZDAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDAED as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NZDAED
The long-term trend has been DOWN since Mar 19th, 2024 at 2.2194561
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 2.2310875
The short-term trend has been UP since Apr 23rd, 2024 at 2.1761330
Smart Scan Analysis for NZDAED
Based on our trend formula, NZDAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1831408 | 2.1838697 | 2.1754351 | 2.1813662 | -0.0017750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1831408 | 2024-04-24 21:01:09 |