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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Strong Downtrend (-100) - CADJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
76.4545 76.4620 75.1625 75.3275 -1.1270
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 81.2800

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 81.5855

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 76.6275

Smart Scan Analysis for CADJPY

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

-100
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.4545 76.4620 75.1625 75.3275 -1.1270
Prev. Close Volume Bid Ask Time
76.4545 75.3160 75.3390 2020-04-01 14:49:44
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