EURNZD is in a long-term downtrend, characterized by lower highs and lows, breaking key support levels, and trading below major moving averages, driven by Eurozone economic concerns and NZD strength.
Note
CHART is flipped and eurnzd is buying.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.