Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2024.
Euro/New Zealand Dollar (FOREX:EURNZD)
Bull Market Weakness (+75) - EURNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURNZD as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Oct 8th, 2024 at 1.801745
The short-term trend has been UP since Nov 13th, 2024 at 1.799880
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 |
|---|---|---|---|---|
| 1.8001 | 1.8001 | 1.8001 | 1.8001 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8001 | 2024-11-16 00:25:57 |