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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
Countertrend Down (-85) - JPYCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid JPYCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCHF.
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 JPYCHF
The long-term trend has been DOWN since Jan 5th, 2024 at 0.58630000
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.59319020
The short-term trend has been UP since Apr 24th, 2024 at 0.59068463
Smart Scan Analysis for JPYCHF
Based on our trend formula, JPYCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58827855 | 0.58852665 | 0.58609776 | 0.58621802 | -0.00206100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58827855 | 2024-04-25 05:30:25 |