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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/United Arab Emirates Dirham (FOREX:JPYAED)
Bull Market Weakness (+75) - JPYAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYAED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYAED
The long-term trend has been DOWN since Mar 20th, 2024 at 0.02435539
The intermediate-term trend has been UP since Jul 17th, 2024 at 0.02326977
The short-term trend has been UP since Jul 12th, 2024 at 0.02315753
Smart Scan Analysis for JPYAED
Based on our trend formula, JPYAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02390016 | 0.02390016 | 0.02375942 | 0.02388865 | -0.00001200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02390016 | 2024-07-26 17:00:05 |