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Future Trend Analysis Report

Prepared for you on Friday, May 3, 2024.

NEW ZEALAND $/YEN JUNE 2024 (ICE:@ZJ.M24)

Countertrend Up (+85) - @ZJ.M24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid @ZJ.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ZJ.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@ZJ.M24
Open High Low @ZJ.M24 Price Change
90.775 91.190 90.775 91.180 +0.425
Entry Signal

MarketClub’s Trade Triangles for @ZJ.M24

long term up The long-term trend has been UP since Oct 3rd, 2023 at 84.42

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 90.40

short term down The short-term trend has been DOWN since May 1st, 2024 at 91.96

Smart Scan Analysis for @ZJ.M24

Based on our trend formula, @ZJ.M24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for @ZJ.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.775 91.190 90.775 91.180 +0.425
Prev. Close Volume Bid Ask Time
90.755 18 91.305 91.345 2024-05-03 10:05:21
Volatility7.95
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