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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

New Zealand Dollar/Japanese Yen (FOREX:NZDJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
71.30654 71.33037 71.17427 71.17427 -0.13227
Entry Signal

MarketClub’s Trade Triangles for NZDJPY

long term up The long term trend has been UP since Dec 1st, 2019 at 70.53000

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 68.80600

short term up The short term trend has been UP since Nov 18th, 2019 at 69.75218

Smart Scan Analysis for NZDJPY

Based on a pre-defined weighted trend formula for chart analysis, NZDJPY scored +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
71.30654 71.33037 71.17427 71.17427 -0.13227
Prev. Close Volume Bid Ask Time
71.30654 70.96793 71.38061 2019-12-07 03:50:47
Want to analyze New Zealand Dollar/Japanese Yen NZDJPY or another symbol? Try our Free Forex Trend Analysis Report.