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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)

Countertrend Down (-85) - JPYNZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.012888 0.012964 0.012844 0.012885 -0.000003
Entry Signal

MarketClub’s Trade Triangles for JPYNZD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.01469300

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2020 at 0.01348526

short term up The short-term trend has been UP since Mar 8th, 2021 at 0.01296200

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).

-85
Smart Scan Analysis for JPYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012888 0.012964 0.012844 0.012885 -0.000003
Prev. Close Volume Bid Ask Time
0.012888 2021-03-08 20:33:32
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