Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Japanese Yen/United Arab Emirates Dirham (FOREX:JPYAED)
Weak Downtrend (-65) - JPYAED is showing signs of a strengthening downtrend. Monitor JPYAED as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for JPYAED
The long-term trend has been UP since Feb 28th, 2020 at 0.03402974
The intermediate-term trend has been DOWN since Mar 22nd, 2020 at 0.03313383
The short-term trend has been DOWN since Apr 3rd, 2020 at 0.03386393
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).