Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for JPYGBP
The long-term trend has been DOWN since Oct 11th, 2021 at 0.006490
The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.006542
The short-term trend has been DOWN since Oct 4th, 2021 at 0.006625
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).