NZDEUR Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time Frame | Trend | 38.2% | 50% | 61.8% |
Long | 0.5738 to 0.5424 | . | . | 0.5697 (86.94%) |
Intermediate | 0.5424 to 0.5697 | . | 0.5583 (41.76%) | . |
Short | 0.5558 to 0.5697 | . | . | 0.5583 (82.01%) |