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Forex Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

Euro/New Zealand Dollar (FOREX:EURNZD)

Strong Downtrend (-100) - EURNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURNZD continues to fall. Traders should use caution and set stops.

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
1.7493 1.7493 1.7440 1.7487 -0.0006
Entry Signal

MarketClub’s Trade Triangles for EURNZD

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 1.759750

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2024 at 1.786730

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 1.746625

Smart Scan Analysis for EURNZD

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

-100
Smart Scan Analysis for EURNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7493 1.7493 1.7440 1.7487 -0.0006
Prev. Close Volume Bid Ask Time
1.7487 2024-06-22 22:45:00
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