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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Japanese Yen/Swiss Franc (FOREX:JPYCHF)

Bear Market Rally (-75) - JPYCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYCHF as it may be in the beginning of a reversal.

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
0.59479200 0.59490000 0.59335418 0.59343131 -0.00136100
Entry Signal

MarketClub’s Trade Triangles for JPYCHF

long term down The long-term trend has been DOWN since Jan 5th, 2024 at 0.58630000

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2024 at 0.58937071

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 0.59499020

Smart Scan Analysis for JPYCHF

Based on our trend formula, JPYCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59479200 0.59490000 0.59335418 0.59343131 -0.00136100
Prev. Close Volume Bid Ask Time
0.59479200 2024-04-15 03:05:47
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