Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Japanese Yen/Brazilian Real (FOREX:JPYBRL)
Strong Uptrend (+100) - JPYBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid JPYBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYBRL
The long-term trend has been UP since Jan 2nd, 2019 at 0.03564600
The intermediate-term trend has been UP since Jan 7th, 2020 at 0.03768934
The short-term trend has been UP since Mar 27th, 2020 at 0.04669689
Smart Scan Analysis for JPYBRL
Based on our trend formula, JPYBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).