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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Long-Term Uptrend (+90) - JPYCAD is in a strong uptrend that is likely to continue. While JPYCAD 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 JPYCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCAD.
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 JPYCAD
The long-term trend has been UP since Jul 24th, 2024 at 0.00901965
The intermediate-term trend has been UP since Jul 15th, 2024 at 0.00867000
The short-term trend has been UP since Jul 11th, 2024 at 0.00849900
Smart Scan Analysis for JPYCAD
Based on our trend formula, JPYCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00898200 | 0.00902800 | 0.00893000 | 0.00898722 | +0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00898200 | 2024-07-26 19:44:06 |