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.
MarketClub’s Trade Triangles for JPYNZD
The long-term trend has been DOWN since Jun 2nd, 2020 at 0.01469300
The intermediate-term trend has been DOWN since Dec 27th, 2020 at 0.01348526
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).