| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The New Zealand Dollar has declined by 4.52% against the Japanese Yen since the beginning of September. The currency pair breached the 50-, 100– and 200– period SMAs during this period.
Technical indicators suggest selling signals on the daily time-frame chart. Therefore, bears are likely to continue to dominate the exchange rate during the following trading sessions.
However, the NZD/JPY currency exchange rate could make a brief pullback towards the 70.00 level in the nearest future.