Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
Sidelines Mode (-55) - JPYCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for JPYCHF
The long-term trend has been DOWN since Jun 4th, 2020 at 0.8771853
The intermediate-term trend has been UP since Feb 23rd, 2021 at 0.8576146
The short-term trend has been DOWN since Mar 5th, 2021 at 0.8556000
Smart Scan Analysis for JPYCHF
Based on our trend formula, JPYCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).