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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Euro/Japanese Yen (FOREX:EURJPY)

Weak Downtrend (-65) - EURJPY is showing signs of a strengthening downtrend. Monitor EURJPY as it may be building momentum to the downside.

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
117.2900 117.3300 117.0885 117.2570 -0.0330
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term down The long-term trend has been DOWN since Feb 13th, 2020 at 119.2465

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2020 at 116.3790

short term down The short-term trend has been DOWN since May 22nd, 2020 at 117.1000

Smart Scan Analysis for EURJPY

Based on our trend formula, EURJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.2900 117.3300 117.0885 117.2570 -0.0330
Prev. Close Volume Bid Ask Time
117.2900 117.2540 117.2600 2020-05-25 04:53:20
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