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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)
Sidelines Mode (+55) - JPYNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for JPYNZD
The long-term trend has been UP since Jul 25th, 2024 at 0.011116
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.011091
The short-term trend has been DOWN since Nov 20th, 2024 at 0.010905
Smart Scan Analysis for JPYNZD
Based on our trend formula, JPYNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01091675 | 0.01092300 | 0.01089000 | 0.01090500 | -0.00001200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01091675 | 2024-11-20 03:39:21 |