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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Strong Downtrend (-100) - NZDJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDJPY continues to fall. Traders should use caution and set stops.

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
88.3690 88.7200 87.8800 87.9685 -0.4005
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term down The long-term trend has been DOWN since Jul 25th, 2024 at 89.960

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 90.074

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 87.069

Smart Scan Analysis for NZDJPY

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

-100
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.3690 88.7200 87.8800 87.9685 -0.4005
Prev. Close Volume Bid Ask Time
88.3690 2024-12-12 15:06:57
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