Forex Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JPYNZD
The long term trend has been UP since Jan 2nd, 2019 at 0.013823
The intermediate term trend has been UP since Jul 30th, 2019 at 0.013942
The short term trend has been UP since Aug 20th, 2019 at 0.014677
Smart Scan Analysis for JPYNZD
Based on a pre-defined weighted trend formula for chart analysis, JPYNZD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).