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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Japanese Yen/Brazilian Real (FOREX:JPYBRL)
Countertrend Up (+85) - JPYBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for JPYBRL
The long-term trend has been UP since Jun 4th, 2024 at 0.03422285
The intermediate-term trend has been UP since Nov 29th, 2024 at 0.04021434
The short-term trend has been UP since Dec 24th, 2024 at 0.03948976
Smart Scan Analysis for JPYBRL
Based on our trend formula, JPYBRL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04280701 | 0.04286522 | 0.03889423 | 0.03916509 | -0.00364200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04280701 | 2024-12-26 18:03:57 |