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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Japanese Yen/Euro (FOREX:JPYEUR)

Countertrend Up (+85) - JPYEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
0.00711300 0.00711608 0.00700300 0.00700900 -0.00010400
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term up The long-term trend has been UP since Jan 2nd, 2023 at 0.0071980

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.0070320

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 0.0070034

Smart Scan Analysis for JPYEUR

Based on our trend formula, JPYEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00711300 0.00711608 0.00700300 0.00700900 -0.00010400
Prev. Close Volume Bid Ask Time
0.00711300 2023-03-21 17:16:21
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