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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.

FOREX_JPYAED
Open High Low JPYAED Price Change
0.03371282 0.03371282 0.03366739 0.03366739 -0.00004500
Entry Signal

MarketClub’s Trade Triangles for JPYAED

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.03402974

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2020 at 0.03313383

short term down 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).

-70
Smart Scan Analysis for JPYAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03371282 0.03371282 0.03366739 0.03366739 -0.00004500
Prev. Close Volume Bid Ask Time
0.03371282 0.03363994 0.03369484 2020-04-07 06:12:19
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