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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.

FOREX_JPYCHF
Open High Low JPYCHF Price Change
0.60833175 0.61023797 0.60470000 0.60740000 -0.00093200
Entry Signal

MarketClub’s Trade Triangles for JPYCHF

long term down The long-term trend has been DOWN since Apr 11th, 2023 at 0.67745860

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2023 at 0.60040227

short term up 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).

+60
Smart Scan Analysis for JPYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.60833175 0.61023797 0.60470000 0.60740000 -0.00093200
Prev. Close Volume Bid Ask Time
0.60833175 2023-12-08 21:05:10
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