NZD/JPY

- JPY (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NZDJPY
ISIN:

NZD/JPY - Daily - Technical analysis published on 11/04/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Slightly bullish

Technical indicators

56%

39%

My opinion

Bullish above 68.94 JPY

My targets

71.32 JPY (+1.43)

73.35 JPY (+3.46)

My analysis

The basic trend is currently slightly bullish on NZD/JPY and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 68.94 JPY, purchases could be favourable. The first bullish objective would be the resistance located at 71.32 JPY. Then the price could move towards 73.35 JPY. Then 78.68 JPY by extension. A return under the support to 68.94 JPY could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Jlozano2012. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NZD/JPY rating is 69.89 JPY. The price is lower by -0.64% since the last closing with the lowest point at 69.50 JPY and the highest point at 70.48 JPY. The deviation from the price is +0.56% for the low point and -0.84% for the high point.

69.50

70.48

69.89

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NZD/JPY chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Support of triangle is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	65.96	66.96	68.94	69.89	70.08	71.32	73.35
Change (%)	-5.62%	-4.19%	-1.36%	-	+0.27%	+2.05%	+4.95%
Change	-3.93	-2.93	-0.95	-	+0.19	+1.43	+3.46
Level	Minor	Intermediate	Intermediate	-	Major	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.57	68.96	69.65	70.04	70.73	71.12	71.81
Camarilla	70.04	70.14	70.24	70.34	70.44	70.54	70.64
Woodie	68.72	69.04	69.80	70.12	70.88	71.20	71.96
Fibonacci	68.96	69.37	69.63	70.04	70.45	70.71	71.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.18	68.02	68.60	69.44	70.02	70.86	71.44
Camarilla	68.79	68.92	69.05	69.18	69.31	69.44	69.57
Woodie	67.05	67.96	68.47	69.38	69.89	70.80	71.31
Fibonacci	68.02	68.56	68.90	69.44	69.98	70.32	70.86

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	66.87	67.87	68.52	69.52	70.17	71.17	71.82
Camarilla	68.73	68.88	69.03	69.18	69.33	69.48	69.63
Woodie	66.71	67.78	68.36	69.43	70.01	71.08	71.66
Fibonacci	67.87	68.50	68.89	69.52	70.15	70.54	71.17

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.38
MACD (12,26,9):	-0.0700
Directional Movement:	4.78
AROON (14):	21.43
DEMA (21):	69.67
Parabolic SAR (0,02-0,02-0,2):	68.89
Elder Ray (13):	0.23
Super Trend (3,10):	70.96
Zig ZAG (10):	69.90
VORTEX (21):	1.0000
Stochastique (14,3,5):	66.53
TEMA (21):	69.71
Williams %R (14):	-34.57
Chande Momentum Oscillator (20):	0.43
Repulse (5,40,3):	0.8100
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	0.28

MA7:	69.69
MA20:	69.79
MA50:	70.14
MA100:	70.02
MAexp7:	69.82
MAexp20:	69.77
MAexp50:	69.86
MAexp100:	69.63
Price / MA7:	+0.29%
Price / MA20:	+0.14%
Price / MA50:	-0.36%
Price / MA100:	-0.19%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.19%
Price / MAexp50:	+0.06%
Price / MAexp100:	+0.39%

Quotes : 2020-11-04 03:55:12 - Real time data - Forex

News

The last news published on NZD/JPY at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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