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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

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.

FOREX_JPYCAD
Open High Low JPYCAD Price Change
0.010526 0.010631 0.010514 0.010602 +0.000076
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term up The long-term trend has been UP since Nov 29th, 2022 at 0.00985000

intermediate term up The intermediate-term trend has been UP since Mar 9th, 2023 at 0.01017838

short term up The short-term trend has been UP since Mar 9th, 2023 at 0.01009200

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).

+90
Smart Scan Analysis for JPYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010526 0.010631 0.010514 0.010602 +0.000076
Prev. Close Volume Bid Ask Time
0.010526 2023-03-24 09:34:48
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