EUR/NZD Up 34 Pips in Last Hour, Tops All Forex; Makes Big Move Relative to Past Month
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
July 1, 2022 21:51 GMT
Over the past 88 days, EURNZD’s price has been in a clear uptrend, growing by about $0.00 per day.
Over the past 135 days, EURNZD’s price has been in a clear uptrend, growing by about $0.00 per day.
Over the past 24 months, EURNZD’s price has gone down $0.07.
EURNZD has a price of $1.6796, up 0.03% from its value 1 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Compared to its peers in the forex, eurnzd gave its buyers a return that ranked 35th in terms of percentage change since yesterday.
Also of note is that on the 30 and 90 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
The closest is the 20 day average, which is 16 pips away.
The closest is the 200 day average, which is 21.8 pips away.
Price action traders may also wish to note that we see a doji candlestick pattern on eurnzd.
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
This is a reversal of the price action on the previous hour, in which price moved down.