Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)
Strong Downtrend (-100) - JPYNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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 Oct 11th, 2021 at 0.012697
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.012794
The short-term trend has been DOWN since Oct 4th, 2021 at 0.012948
Smart Scan Analysis for JPYNZD
Based on our trend formula, JPYNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).