Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)
Strong Uptrend (+100) - NZDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NZDJPY
The long-term trend has been UP since Oct 11th, 2021 at 78.7520
The intermediate-term trend has been UP since Oct 11th, 2021 at 78.1545
The short-term trend has been UP since Oct 26th, 2021 at 81.9165
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).