Market Conditions for NZDJPY as at Aug 04, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for New Zealand Dollar/Japanese Yen
New Zealand Dollar/Japanese Yen ProfileThe New Zealand Dollar/Japanese Yen (NZD/JPY) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. NZD is the base currency and JPY is the quote currency, meaning that 1 New Zealand Dollar was worth 70.01 Japanese Yen at the end of the New York trading session on Tuesday, -0.07% less than at the previous close.
Technical Analysis Summary for Aug. 4, 2020
Though NZD/JPY is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Tuesday's trading range has been 44 pips (0.63%), that's below the last trading month's daily average range of 55 pips. Buying might speed up should prices move above the close-by swing high at 70.50 where further buy stops could get activated.
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