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.
MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been UP since Dec 1st, 2023 at 0.0064360
The intermediate-term trend has been UP since Dec 1st, 2023 at 0.0062457
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).