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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Japanese Yen/Brazilian Real (FOREX:JPYBRL)
Crossroads (+60) - JPYBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JPYBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYBRL
The long-term trend has been DOWN since Nov 3rd, 2023 at 0.03277640
The intermediate-term trend has been UP since Mar 7th, 2024 at 0.03339451
The short-term trend has been UP since Apr 12th, 2024 at 0.03328095
Smart Scan Analysis for JPYBRL
Based on our trend formula, JPYBRL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03398055 | 0.03399133 | 0.03390892 | 0.03390892 | -0.00007200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03398055 | 2024-04-19 07:27:26 |