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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Euro/New Zealand Dollar (FOREX:EURNZD)
Weak Downtrend (-65) - EURNZD is showing signs of a strengthening downtrend. Monitor EURNZD as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for EURNZD
The long-term trend has been UP since Jul 19th, 2024 at 1.815535
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 1.818985
The short-term trend has been DOWN since Feb 2nd, 2025 at 1.834700
Smart Scan Analysis for EURNZD
Based on our trend formula, EURNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.840875 | 1.845215 | 1.834000 | 1.834645 | -0.006230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.840875 | 2025-02-04 23:12:26 |