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Trend Hunter performance since 2015 for this symbol

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Weekly forecast Euro vs. New Zealand Dollar technical chart
Symbol EURNZD

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Trade Setup
#EURNZD
Total Profit: 3854 pip
Closed trade(s): 1670 pip Profit
Open trade(s): 2184 pip Profit

Trade Setup:
We opened 8 BUY trade(s) @ 1.6526 (day close price) based on 'Valley' at 2019.03.13 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Closed Profit:
TP1 @ 1.6565 touched at 2019.03.14 with 39 pip Profit.
TP2 @ 1.6725 touched at 2019.04.09 with 199 pip Profit.
TP3 @ 1.6815 touched at 2019.04.17 with 289 pip Profit.
TP4 @ 1.6965 touched at 2019.05.07 with 439 pip Profit.
TP5 @ 1.7230 touched at 2019.06.12 with 704 pip Profit.
39 + 199 + 289 + 439 + 704 = 1670 pip

Open Profit:
Profit for one trade is 1.7254(current price) - 1.6526(open price) = 728 pip
3 trade(s) still open, therefore total profit for open trade(s) is 728 x 3 = 2184 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 1.6910 is broken, we will close open trades.

DateSat, 06/22/2019 - 20:52
Currentrange bound
Forecastcontinuation of uptrend
Last weekBearish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.6910 would begin in Midterm.
  • We will close our open trades, if the Midterm level 1.6910 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 1.7200 on 05/23/2019, so more losses to support(s) 1.7230, 1.6965 and minimum to Major Support (1.6910) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 61.

Take Profits:

  1. 1.6565
  2. 1.6725
  3. 1.6815
  4. 1.6965
  5. 1.7230
  6. 1.7480
  7. 1.7930
Click on the level to view price action history.