Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
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.
MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been UP since Feb 13th, 2020 at 0.00838400
The intermediate-term trend has been DOWN since May 27th, 2020 at 0.00842932
The short-term trend has been DOWN since May 26th, 2020 at 0.00849000
Smart Scan Analysis for JPYEUR
Based on our trend formula, JPYEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).