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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

New Zealand Dollar/Euro (FOREX:NZDEUR)

Countertrend Up (+85) - NZDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_NZDEUR
Open High Low NZDEUR Price Change
0.587570 0.588300 0.586200 0.587235 -0.000335
Entry Signal

MarketClub’s Trade Triangles for NZDEUR

long term up The long-term trend has been UP since Jun 2nd, 2020 at 0.56836

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2020 at 0.56880

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 0.58650

Smart Scan Analysis for NZDEUR

Based on our trend formula, NZDEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.587570 0.588300 0.586200 0.587235 -0.000335
Prev. Close Volume Bid Ask Time
0.587570 2020-11-30 11:59:23
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