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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
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 89.960
The intermediate-term trend has been DOWN since Nov 8th, 2024 at 90.074
The short-term trend has been DOWN since Nov 21st, 2024 at 90.136
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 |
|---|---|---|---|---|
| 88.2255 | 88.5325 | 88.1545 | 88.3950 | +0.1695 |
| Prev. Close | Volume | Bid | Ask | Time |
| 88.2255 | 2024-12-03 05:45:10 |