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Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Japanese Yen/British Pound (FOREX:JPYGBP)
Countertrend Up (+85) - JPYGBP 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 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.
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MarketClub’s Trade Triangles for JPYGBP
The long-term trend has been UP since Jan 2nd, 2023 at 0.006336
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.006205
The short-term trend has been DOWN since Mar 21st, 2023 at 0.006167
Smart Scan Analysis for JPYGBP
Based on our trend formula, JPYGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0061760 | 0.0062180 | 0.0061220 | 0.0062045 | +0.0000280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0061760 | 2023-03-22 18:33:58 |