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Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
New Zealand Dollar/United Arab Emirates Dirham (FOREX:NZDAED)
Strong Uptrend (+100) - NZDAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 19th, 2021 at 2.6332005
The intermediate-term trend has been UP since Oct 18th, 2021 at 2.5986131
The short-term trend has been UP since Oct 26th, 2021 at 2.6396089
Smart Scan Analysis for NZDAED
Based on our trend formula, NZDAED is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6353320 | 2.6406308 | 2.6283494 | 2.6406308 | +0.0052990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6353320 | 2021-10-26 07:26:26 |