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Forex Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
New Zealand Dollar/Euro (FOREX:NZDEUR)
Bear Market Rally (-75) - NZDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDEUR as it may be in the beginning 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.
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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 Dec 9th, 2024 at 0.5513
The short-term trend has been UP since Dec 25th, 2024 at 0.5440
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.542465 | 0.543315 | 0.541225 | 0.542585 | +0.000120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.542465 | 2024-12-30 10:42:04 |