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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)
Weak Downtrend (-65) - NZDAED is showing signs of a strengthening downtrend. Monitor NZDAED as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDAED.
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 NZDAED
The long-term trend has been UP since Jun 12th, 2024 at 2.2833088
The intermediate-term trend has been DOWN since Jun 26th, 2024 at 2.2396128
The short-term trend has been DOWN since Jul 9th, 2024 at 2.2457321
Smart Scan Analysis for NZDAED
Based on our trend formula, NZDAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for NZDAED](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
2.1634655 | 2.1682048 | 2.1634655 | 2.1635450 | +0.0000800 |
Prev. Close | Volume | Bid | Ask | Time |
2.1634655 | 2024-07-26 14:00:14 |