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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Japanese Yen/Euro (FOREX:JPYEUR)
Strong Downtrend (-100) - JPYEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYEUR.
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 JPYEUR
The long-term trend has been DOWN since Mar 19th, 2024 at 0.006107
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.006107
The short-term trend has been DOWN since Apr 18th, 2024 at 0.006067
Smart Scan Analysis for JPYEUR
Based on our trend formula, JPYEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00609700 | 0.00610100 | 0.00605998 | 0.00606800 | -0.00002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00609700 | 2024-04-19 16:51:12 |