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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

New Zealand Dollar/Euro (FOREX:NZDEUR)

Bull Market Weakness (+75) - NZDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDEUR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_NZDEUR
Open High Low NZDEUR Price Change
0.599575 0.602105 0.596845 0.601325 +0.001750
Entry Signal

MarketClub’s Trade Triangles for NZDEUR

long term up The long-term trend has been UP since Jun 2nd, 2020 at 0.56836

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2021 at 0.59260

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 0.60030

Smart Scan Analysis for NZDEUR

Based on our trend formula, NZDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.599575 0.602105 0.596845 0.601325 +0.001750
Prev. Close Volume Bid Ask Time
0.599575 2021-03-05 17:00:42
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