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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)
Sidelines Mode (-55) - NZDAED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 13th, 2024 at 2.1701883
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 2.2584557
The short-term trend has been UP since Jan 20th, 2025 at 2.0640593
Smart Scan Analysis for NZDAED
Based on our trend formula, NZDAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0597971 | 2.0818048 | 2.0581162 | 2.0818048 | +0.0220080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0597971 | 2025-01-20 09:47:00 |