Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Weak Downtrend (-65) - JPYCAD is showing signs of a strengthening downtrend. Monitor JPYCAD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for JPYCAD
The long-term trend has been UP since Feb 27th, 2020 at 0.01230200
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.01289559
The short-term trend has been DOWN since May 26th, 2020 at 0.01292900
Smart Scan Analysis for JPYCAD
Based on our trend formula, JPYCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).