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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Bull Market Weakness (+75) - NZDJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDJPY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NZDJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDJPY
Open High Low NZDJPY Price Change
96.81868 96.89337 96.80063 96.80063 -0.01805
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term up The long-term trend has been UP since May 2nd, 2023 at 85.3295

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 92.3650

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 96.1140

Smart Scan Analysis for NZDJPY

Based on our trend formula, NZDJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
96.81868 96.89337 96.80063 96.80063 -0.01805
Prev. Close Volume Bid Ask Time
96.81868 2024-06-15 16:11:54
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