Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Weak Uptrend (+65) - NZDJPY is showing signs of weakening momentum to the upside. Monitor NZDJPY as it may be in the beginning stages of a reversal.

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
83.5010 83.8520 83.0405 83.6240 +0.1230
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term up The long-term trend has been UP since Mar 6th, 2022 at 79.250

intermediate term up The intermediate-term trend has been UP since May 30th, 2022 at 83.886

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 84.792

Smart Scan Analysis for NZDJPY

Based on our trend formula, NZDJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.5010 83.8520 83.0405 83.6240 +0.1230
Prev. Close Volume Bid Ask Time
83.5010 2022-07-06 15:01:21
Get a free daily analysis and signals for New Zealand Dollar/Japanese Yen (NZDJPY) - Request Your Free Report.