Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

FOREX_NZDJPY
Open High Low NZDJPY Price Change
72.4815 72.8245 72.4680 72.7985 +0.3170
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 72.3480

intermediate term up The intermediate term trend has been UP since Jun 28th, 2019 at 72.5375

short term up The short term trend has been UP since Jul 10th, 2019 at 72.1630

Smart Scan Analysis for NZDJPY

Based on a pre-defined weighted trend formula for chart analysis, NZDJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.4815 72.8245 72.4680 72.7985 +0.3170
Prev. Close Volume Bid Ask Time
72.4815 72.7880 72.8090 2019-07-17 08:24:29
Want to analyze New Zealand Dollar/Japanese Yen NZDJPY or another symbol? Try our Free Forex Trend Analysis Report.