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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Japanese Yen/Euro (FOREX:JPYEUR)

Weak Downtrend (-65) - JPYEUR is showing signs of a strengthening downtrend. Monitor JPYEUR as it may be building momentum to the downside.

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
0.005888 0.005893 0.005884 0.005890 +0.000002
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.006107

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2024 at 0.005948

short term down The short-term trend has been DOWN since Jun 18th, 2024 at 0.005888

Smart Scan Analysis for JPYEUR

Based on our trend formula, JPYEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005888 0.005893 0.005884 0.005890 +0.000002
Prev. Close Volume Bid Ask Time
0.005888 2024-06-20 02:25:41
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