Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
72.9590 72.9900 72.6200 72.7535 -0.2055
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term up The long term trend has been UP since Dec 1st, 2019 at 70.5300

intermediate term down The intermediate term trend has been DOWN since Jan 5th, 2020 at 71.7300

short term down The short term trend has been DOWN since Jan 20th, 2020 at 72.7525

Smart Scan Analysis for NZDJPY

Based on a pre-defined weighted trend formula for chart analysis, NZDJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NZDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.9590 72.9900 72.6200 72.7535 -0.2055
Prev. Close Volume Bid Ask Time
72.9590 72.7380 72.7690 2020-01-20 12:18:41
Get a free daily report for New Zealand Dollar/Japanese Yen (NZDJPY) - Free Trend Analysis Report.