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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Zealand Dollar/Euro (FOREX:NZDEUR)
Crossroads (+60) - NZDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDEUR.
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 NZDEUR
The long-term trend has been DOWN since Mar 19th, 2024 at 0.55750
The intermediate-term trend has been UP since Apr 11th, 2024 at 0.56010
The short-term trend has been UP since Apr 22nd, 2024 at 0.55599
Smart Scan Analysis for NZDEUR
Based on our trend formula, NZDEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.554735 | 0.556400 | 0.553600 | 0.555625 | +0.000890 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.554735 | 2024-04-25 23:41:55 |