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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Zealand Dollar/Euro (FOREX:NZDEUR)
Countertrend Down (-85) - NZDEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jul 21st, 2024 at 0.5507
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.5513
The short-term trend has been UP since Dec 25th, 2024 at 0.5440
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.543350 | 0.543700 | 0.541700 | 0.541865 | -0.001485 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.543350 | 2024-12-26 07:48:56 |