Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
NEW ZEALAND $/YEN DECEMBER 2021 (ICE:@ZJ.Z21)
Countertrend Down (-85) - @ZJ.Z21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @ZJ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZJ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZJ.Z21
The long-term trend has been DOWN since Dec 3rd, 2021 at 76.460
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 80.725
The short-term trend has been UP since Dec 1st, 2021 at 77.550
Smart Scan Analysis for @ZJ.Z21
Based on our trend formula, @ZJ.Z21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||82.095||52wk High Date||2021-10-20|
|52wk Low||76.04||52wk Low Date||2021-12-03|