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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Japanese Yen/US Dollar (FOREX:JPYUSD)
Countertrend Down (-85) - JPYUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid JPYUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYUSD.
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 JPYUSD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.00662761
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.00662972
The short-term trend has been UP since Apr 18th, 2024 at 0.00650750
Smart Scan Analysis for JPYUSD
Based on our trend formula, JPYUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00648300 | 0.00648415 | 0.00647000 | 0.00648036 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00648300 | 2024-04-19 02:13:51 |