Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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.

FOREX_EURNZD
Open High Low EURNZD Price Change
1.668785 1.668785 1.668785 1.668785 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 1.759395

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2021 at 1.687600

short term up The short-term trend has been UP since Feb 26th, 2021 at 1.665605

Smart Scan Analysis for EURNZD

Based on our trend formula, EURNZD is rated as a -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
1.668785 1.668785 1.668785 1.668785 0.000000
Prev. Close Volume Bid Ask Time
1.668785 2021-02-28 01:30:39
Get a free daily analysis and signals for Euro/New Zealand Dollar (EURNZD) - Request Your Free Report.