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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Long-Term Uptrend (+90) - CADJPY is in a strong uptrend that is likely to continue. While CADJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_CADJPY
Open High Low CADJPY Price Change
92.730 92.880 92.360 92.519 -0.211
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term up The long-term trend has been UP since Oct 10th, 2021 at 90.2100

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2021 at 87.7300

short term up The short-term trend has been UP since Oct 4th, 2021 at 88.2885

Smart Scan Analysis for CADJPY

Based on our trend formula, CADJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.730 92.880 92.360 92.519 -0.211
Prev. Close Volume Bid Ask Time
92.730 2021-10-20 10:18:45
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