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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Japanese Yen/Canadian Dollar (FOREX:JPYCAD)

Long-Term Downtrend (-90) - JPYCAD is in a strong downtrend that is likely to continue. While JPYCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

FOREX_JPYCAD
Open High Low JPYCAD Price Change
0.011888 0.011922 0.011856 0.011903 +0.000015
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 0.012279

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.012419

short term down The short-term trend has been DOWN since Feb 12th, 2021 at 0.012096

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
0.011888 0.011922 0.011856 0.011903 +0.000015
Prev. Close Volume Bid Ask Time
0.011888 2021-02-26 11:57:33
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