Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Japanese Yen/Euro (FOREX:JPYEUR)
Bear Market Rally (-75) - JPYEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPYEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been DOWN since Oct 15th, 2021 at 0.007551
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.007662
The short-term trend has been UP since Oct 22nd, 2021 at 0.007561
Smart Scan Analysis for JPYEUR
Based on our trend formula, JPYEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).