Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

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
0.010967 0.011027 0.010962 0.011006 +0.000039
Entry Signal

MarketClub’s Trade Triangles for JPYNZD

long term down The long-term trend has been DOWN since May 2nd, 2023 at 0.011729

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2023 at 0.011152

short term up The short-term trend has been UP since Nov 28th, 2023 at 0.011078

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
0.010967 0.011027 0.010962 0.011006 +0.000039
Prev. Close Volume Bid Ask Time
0.010967 2023-11-29 08:03:09
Get a free daily analysis and signals for Japanese Yen/New Zealand Dollar (JPYNZD) - Request Your Free Report.