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.
MarketClub’s Trade Triangles for NZDJPY
The long-term trend has been UP since Mar 6th, 2022 at 79.250
The intermediate-term trend has been UP since May 30th, 2022 at 83.886
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).