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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
Long-Term Downtrend (-90) - JPYCHF is in a strong downtrend that is likely to continue. While JPYCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCHF.
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 JPYCHF
The long-term trend has been DOWN since Jan 5th, 2024 at 0.5863000
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.5931902
The short-term trend has been DOWN since Apr 4th, 2024 at 0.5949902
Smart Scan Analysis for JPYCHF
Based on our trend formula, JPYCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58883799 | 0.59061513 | 0.58860000 | 0.59031006 | +0.00147200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58883799 | 2024-04-24 04:56:33 |