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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)
Long-Term Downtrend (-90) - NZDJPY is in a strong downtrend that is likely to continue. While NZDJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NZDJPY
The long-term trend has been DOWN since Jul 25th, 2024 at 89.96000
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 87.20402
The short-term trend has been DOWN since Jan 27th, 2025 at 88.14319
Smart Scan Analysis for NZDJPY
Based on our trend formula, NZDJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 86.719 | 87.052 | 86.645 | 86.892 | +0.173 |
| Prev. Close | Volume | Bid | Ask | Time |
| 86.719 | 2025-02-05 07:44:57 |