Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
Crossroads (+60) - JPYCHF 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 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 Apr 11th, 2023 at 0.67745860
The intermediate-term trend has been UP since Dec 7th, 2023 at 0.60040227
The short-term trend has been UP since Dec 4th, 2023 at 0.59508933
Smart Scan Analysis for JPYCHF
Based on our trend formula, JPYCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).