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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Euro/Japanese Yen (FOREX:EURJPY)

Bull Market Weakness (+75) - EURJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURJPY as it may be in the beginning stages of a reversal.

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
132.19500 132.19500 132.16282 132.16282 -0.03218
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term up The long-term trend has been UP since Oct 15th, 2021 at 132.4300

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 130.4695

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 132.2610

Smart Scan Analysis for EURJPY

Based on our trend formula, EURJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.19500 132.19500 132.16282 132.16282 -0.03218
Prev. Close Volume Bid Ask Time
132.19500 2021-10-24 02:14:39
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