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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/Euro (FOREX:JPYEUR)
Bull Market Weakness (+75) - JPYEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYEUR as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been UP since Jul 31st, 2024 at 0.00616200
The intermediate-term trend has been UP since Nov 17th, 2024 at 0.00615925
The short-term trend has been DOWN since Nov 20th, 2024 at 0.00608600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.006088 | 0.006091 | 0.006069 | 0.006076 | -0.000012 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.006088 | 2024-11-20 03:32:34 |