Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

Euro/Japanese Yen (FOREX:EURJPY)

Sidelines Mode (+55) - EURJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
137.5615 138.2960 137.4525 137.9830 +0.4215
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term up The long-term trend has been UP since Mar 8th, 2022 at 135.0050

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2022 at 137.9315

short term up The short-term trend has been UP since Aug 4th, 2022 at 136.4145

Smart Scan Analysis for EURJPY

Based on our trend formula, EURJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.5615 138.2960 137.4525 137.9830 +0.4215
Prev. Close Volume Bid Ask Time
137.5615 2022-08-09 15:50:47
Get a free daily analysis and signals for Euro/Japanese Yen (EURJPY) - Request Your Free Report.