Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
NEW ZEALAND $/YEN MARCH 2021 (ICE:@ZJ.H21)
Long-Term Uptrend (+90) - @ZJ.H21 is in a strong uptrend that is likely to continue. While @ZJ.H21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @ZJ.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZJ.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZJ.H21
The long-term trend has been UP since Mar 24th, 2020 at 63.000
The intermediate-term trend has been UP since Dec 29th, 2020 at 73.745
The short-term trend has been UP since Jan 20th, 2021 at 74.065
Smart Scan Analysis for @ZJ.H21
Based on our trend formula, @ZJ.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.135||52wk High Date||2021-02-25|
|52wk Low||72.745||52wk Low Date||2020-12-21|