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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Japanese Yen/British Pound (FOREX:JPYGBP)

Strong Downtrend (-100) - JPYGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JPYGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYGBP
Open High Low JPYGBP Price Change
0.004939 0.004943 0.004938 0.004941 +0.000002
Entry Signal

MarketClub’s Trade Triangles for JPYGBP

long term down The long-term trend has been DOWN since Jan 19th, 2024 at 0.005300

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.005227

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.004964

Smart Scan Analysis for JPYGBP

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

-100
Smart Scan Analysis for JPYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004939 0.004943 0.004938 0.004941 +0.000002
Prev. Close Volume Bid Ask Time
0.004939 2024-06-25 01:18:53
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