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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_JPYCHF
Open High Low JPYCHF Price Change
0.56985090 0.57000001 0.56792369 0.56799141 -0.00185900
Entry Signal

MarketClub’s Trade Triangles for JPYCHF

long term up The long-term trend has been UP since Aug 13th, 2024 at 0.59963206

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2024 at 0.57600000

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 0.56950000

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).

+55
Smart Scan Analysis for JPYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56985090 0.57000001 0.56792369 0.56799141 -0.00185900
Prev. Close Volume Bid Ask Time
0.56985090 2024-11-20 03:25:53
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