NZD/JPY Down 0 Pips On Hourly Chart, Moves Down For the 3rd Consecutive Day; Sentiment Suggests Sellers in Charge
It should be noted, though, that a trend in the opposite direction, going down, exists on the 14 day timeframe.
May 20, 2022 21:53 GMT
Over the past 88 days, NZDJPY’s price has been in a clear uptrend, growing by about $0.08 per day.
Over the past 135 days, NZDJPY’s price has been in a clear uptrend, growing by about $0.10 per day.
Over the past 16 months, NZDJPY’s price has gone up $6.08.
NZDJPY has a price of $81.968, down 2.2% from its value 21 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
It should be noted, though, that a trend in the opposite direction, going down, exists on the 14 day timeframe.
For additional context, note that price has gone down 7 out of the past 10 days.
This imputes a buy/sell ratio of 2, which is bullish.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
Volatility for nzdjpy has been contracting over the past two weeks relative to volatility over the past month.
It’s been a feast for bulls operating on an hourly timeframe, as nzdjpy has now gone up 4 of the past 5 hours.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Bulls may note that this suggests a buy/sell ratio that is infinite.
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.