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Forex Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Long-Term Uptrend (+90) - NZDJPY is in a strong uptrend that is likely to continue. While NZDJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_NZDJPY
Open High Low NZDJPY Price Change
70.5900 70.6920 70.5190 70.5855 -0.0045
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term up The long-term trend has been UP since Jun 2nd, 2020 at 68.0640

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 66.0335

short term up The short-term trend has been UP since Jun 22nd, 2020 at 69.1705

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).

+90
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.5900 70.6920 70.5190 70.5855 -0.0045
Prev. Close Volume Bid Ask Time
70.5900 70.5760 70.5950 2020-07-09 06:26:41
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