Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/New Zealand Dollar (FOREX:EURNZD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURNZD
Open High Low EURNZD Price Change
1.68550 1.68590 1.68420 1.68567 +0.00017
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term down The long term trend has been DOWN since Dec 2nd, 2019 at 1.700675

intermediate term up The intermediate term trend has been UP since Jan 28th, 2020 at 1.686640

short term down The short term trend has been DOWN since Feb 4th, 2020 at 1.699175

Smart Scan Analysis for EURNZD

Based on a pre-defined weighted trend formula for chart analysis, EURNZD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.68550 1.68590 1.68420 1.68567 +0.00017
Prev. Close Volume Bid Ask Time
1.68550 1.68544 1.68590 2020-02-17 01:23:41
Get a free daily report for Euro/New Zealand Dollar (EURNZD) - Free Trend Analysis Report.