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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/New Zealand Dollar (FOREX:EURNZD)

Long-Term Uptrend (+90) - EURNZD is in a strong uptrend that is likely to continue. While EURNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_EURNZD
Open High Low EURNZD Price Change
1.803700 1.806290 1.803095 1.803920 +0.000220
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term up The long-term trend has been UP since Mar 19th, 2024 at 1.793500

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 1.781800

short term up The short-term trend has been UP since Mar 12th, 2024 at 1.774545

Smart Scan Analysis for EURNZD

Based on our trend formula, EURNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.803700 1.806290 1.803095 1.803920 +0.000220
Prev. Close Volume Bid Ask Time
1.803700 2024-03-29 10:10:29
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