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Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)
Countertrend Up (+85) - JPYNZD 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 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 Dec 9th, 2024 at 0.011302
Smart Scan Analysis for JPYNZD
Based on our trend formula, JPYNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01131323 | 0.01131625 | 0.01131000 | 0.01131625 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01131323 | 2024-12-12 00:05:51 |