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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Euro/Japanese Yen (FOREX:EURJPY)

Strong Uptrend (+100) - EURJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_EURJPY
Open High Low EURJPY Price Change
164.04150 165.26750 163.90300 164.99493 +0.95343
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term up The long-term trend has been UP since Mar 19th, 2024 at 163.7200

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 163.7200

short term up The short-term trend has been UP since Apr 19th, 2024 at 164.9625

Smart Scan Analysis for EURJPY

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

+100
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
164.04150 165.26750 163.90300 164.99493 +0.95343
Prev. Close Volume Bid Ask Time
164.04150 2024-04-19 21:41:38
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