Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Bear Market Rally (-75) - JPYCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYCAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPYCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCAD.
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 JPYCAD
The long-term trend has been DOWN since Feb 8th, 2024 at 0.00903454
The intermediate-term trend has been UP since Mar 6th, 2024 at 0.00908000
The short-term trend has been DOWN since Mar 13th, 2024 at 0.00912400
Smart Scan Analysis for JPYCAD
Based on our trend formula, JPYCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00905800 | 0.00905836 | 0.00901400 | 0.00901500 | -0.00004300 |
Prev. Close | Volume | Bid | Ask | Time |
0.00905800 | 2024-03-19 05:55:50 |