NZDEUR New Zealand Dollar - Euro Forecast, Technical & Fundamental Analysis

NZDEUR saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for NZDEUR moved out of overbought territory on January 16, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 92 similar instances where the indicator exited the overbought zone. In of the 92 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NZDEUR as a result. In of 144 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NZDEUR turned negative on January 18, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 100 similar instances when the indicator turned negative. In of the 100 cases the stock turned lower in the days that followed. This puts the odds of success at .

NZDEUR broke above its upper Bollinger Band on January 15, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NZDEUR's RSI Oscillator exited the oversold zone, of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 266 cases where NZDEUR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .