Future Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
NEW ZEALAND $/YEN DECEMBER 2021 (ICE:@ZJ.Z21)
Sidelines Mode (-55) - @ZJ.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @ZJ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZJ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZJ.Z21
The long-term trend has been DOWN since Jul 19th, 2021 at 76.305
The intermediate-term trend has been UP since Sep 1st, 2021 at 77.575
The short-term trend has been DOWN since Sep 8th, 2021 at 78.140
Smart Scan Analysis for @ZJ.Z21
Based on our trend formula, @ZJ.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||78.35||52wk High Date||2021-09-06|
|52wk Low||77.605||52wk Low Date||2021-09-16|