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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Japanese Yen/Euro (FOREX:JPYEUR)

Long-Term Uptrend (+90) - JPYEUR is in a strong uptrend that is likely to continue. While JPYEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_JPYEUR
Open High Low JPYEUR Price Change
0.00638100 0.00638516 0.00637400 0.00637500 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.0064360

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2023 at 0.0062457

short term up The short-term trend has been UP since Nov 27th, 2023 at 0.0061550

Smart Scan Analysis for JPYEUR

Based on our trend formula, JPYEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00638100 0.00638516 0.00637400 0.00637500 -0.00000600
Prev. Close Volume Bid Ask Time
0.00638100 2023-12-11 01:29:01
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