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Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Countertrend Down (-85) - JPYCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Oct 10th, 2021 at 0.01108700
The intermediate-term trend has been DOWN since May 31st, 2022 at 0.00985349
The short-term trend has been UP since Jun 24th, 2022 at 0.00965800
Smart Scan Analysis for JPYCAD
Based on our trend formula, JPYCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00954316 | 0.00954316 | 0.00954316 | 0.00954316 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00954316 | 2022-06-26 01:55:55 |