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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Brazilian Real (FOREX:JPYBRL)
Long-Term Uptrend (+90) - JPYBRL is in a strong uptrend that is likely to continue. While JPYBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Jul 17th, 2024 at 0.03529496
The short-term trend has been UP since Jul 17th, 2024 at 0.03465148
Smart Scan Analysis for JPYBRL
Based on our trend formula, JPYBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03671050 | 0.03687836 | 0.03634135 | 0.03678819 | +0.00007800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03671050 | 2024-07-26 17:03:51 |