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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NZDJPY
Open High Low NZDJPY Price Change
81.0735 81.2905 81.0700 81.2385 +0.1650
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term up The long term trend has been UP since Jan 22nd, 2018 at 81.4890

intermediate term up The intermediate term trend has been UP since Dec 10th, 2017 at 77.8030

short term up The short term trend has been UP since Jan 18th, 2018 at 81.1775

Smart Scan Analysis for NZDJPY

Based on a pre-defined weighted trend formula for chart analysis, NZDJPY scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.0735 81.2905 81.0700 81.2385 +0.1650
Prev. Close Volume Bid Ask Time
81.0735 81.2340 81.2430 2018-01-23 02:54:48
Want to analyze New Zealand Dollar/Japanese Yen NZDJPY or another symbol? Try our Free Forex Trend Analysis Report.