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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Japanese Yen/ (FOREX:JPYRSD)

Strong Downtrend (-100) - JPYRSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYRSD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JPYRSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYRSD
Open High Low JPYRSD Price Change
0.6999223 0.6999223 0.6948470 0.6948470 -0.0050750
Entry Signal

MarketClub’s Trade Triangles for JPYRSD

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.7160148

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.7160148

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 0.7099830

Smart Scan Analysis for JPYRSD

Based on our trend formula, JPYRSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for JPYRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6999223 0.6999223 0.6948470 0.6948470 -0.0050750
Prev. Close Volume Bid Ask Time
0.6999223 2024-04-26 12:48:36
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