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Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
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.
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MarketClub’s Trade Triangles for EURNZD
The long-term trend has been UP since Jan 17th, 2022 at 1.683480
The intermediate-term trend has been UP since Jan 16th, 2022 at 1.679990
The short-term trend has been UP since Jan 21st, 2022 at 1.684205
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.68825 | 1.68825 | 1.68825 | 1.68825 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.68825 | 2022-01-22 23:50:21 |