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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

New Zealand Dollar/Euro (FOREX:NZDEUR)

Long-Term Uptrend (+90) - NZDEUR is in a strong uptrend that is likely to continue. While NZDEUR 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 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
0.618140 0.618300 0.616600 0.616975 -0.001165
Entry Signal

MarketClub’s Trade Triangles for NZDEUR

long term up The long-term trend has been UP since Sep 3rd, 2021 at 0.600915

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.604035

short term up The short-term trend has been UP since Oct 4th, 2021 at 0.599400

Smart Scan Analysis for NZDEUR

Based on our trend formula, NZDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.618140 0.618300 0.616600 0.616975 -0.001165
Prev. Close Volume Bid Ask Time
0.618140 2021-10-21 00:45:51
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