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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)

Strong Downtrend (-100) - JPYNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JPYNZD?

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

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

FOREX_JPYNZD
Open High Low JPYNZD Price Change
0.01245900 0.01245900 0.01236328 0.01237200 -0.00008700
Entry Signal

MarketClub’s Trade Triangles for JPYNZD

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.012697

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.012794

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.012948

Smart Scan Analysis for JPYNZD

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

-100
Smart Scan Analysis for JPYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01245900 0.01245900 0.01236328 0.01237200 -0.00008700
Prev. Close Volume Bid Ask Time
0.01245900 2021-10-15 16:48:53
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