Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
New Zealand Dollar/Euro (FOREX:NZDEUR)
Strong Downtrend (-100) - NZDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDEUR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NZDEUR
The long-term trend has been DOWN since Jul 21st, 2024 at 0.5507
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.5533
The short-term trend has been DOWN since Oct 24th, 2024 at 0.5559
Smart Scan Analysis for NZDEUR
Based on our trend formula, NZDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.553795 | 0.555275 | 0.553200 | 0.553500 | -0.000295 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.553795 | 2024-10-25 17:06:35 |