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Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
Countertrend Up (+85) - JPYCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 20th, 2022 at 0.7039000
The intermediate-term trend has been UP since Mar 15th, 2023 at 0.6957417
The short-term trend has been DOWN since Mar 27th, 2023 at 0.6959766
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 |
|---|---|---|---|---|
| 0.6875499 | 0.6982000 | 0.6852666 | 0.6980316 | +0.0104820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6875499 | 2023-03-31 19:10:16 |