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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Japanese Yen/New Zealand Dollar (FOREX:JPYNZD)
Bull Market Weakness (+75) - JPYNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYNZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYNZD
The long-term trend has been UP since Jul 25th, 2024 at 0.01111600
The intermediate-term trend has been UP since Sep 6th, 2024 at 0.01139468
The short-term trend has been UP since Oct 7th, 2024 at 0.01103200
Smart Scan Analysis for JPYNZD
Based on our trend formula, JPYNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0110390 | 0.0110770 | 0.0109794 | 0.0109910 | -0.0000480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0110390 | 2024-10-08 17:17:40 |