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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Japanese Yen/Canadian Dollar (FOREX:JPYCAD)

Crossroads (+60) - JPYCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.009229 0.009254 0.009161 0.009161 -0.000068
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term down The long-term trend has been DOWN since Apr 14th, 2023 at 0.009913

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2023 at 0.009303

short term up The short-term trend has been UP since Nov 27th, 2023 at 0.009183

Smart Scan Analysis for JPYCAD

Based on our trend formula, JPYCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009229 0.009254 0.009161 0.009161 -0.000068
Prev. Close Volume Bid Ask Time
0.009229 2023-11-30 10:05:15
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