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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.
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MarketClub’s Trade Triangles for JPYCAD
The long-term trend has been UP since Nov 29th, 2022 at 0.00985000
The intermediate-term trend has been UP since Mar 9th, 2023 at 0.01017838
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).
| 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 |