Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Japanese Yen/Chinese Yuan Renminbi (FOREX:JPYCNY)
Weak Downtrend (-65) - JPYCNY is showing signs of a strengthening downtrend. Monitor JPYCNY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYCNY
The long-term trend has been DOWN since Dec 12th, 2019 at 0.06374669
The intermediate-term trend has been UP since Feb 2nd, 2020 at 0.06404632
The short-term trend has been DOWN since Feb 17th, 2020 at 0.06349032
Smart Scan Analysis for JPYCNY
Based on our trend formula, JPYCNY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).