Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Sidelines Mode (-55) - JPYMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_JPYMXN
Open High Low JPYMXN Price Change
0.14023131 0.14043999 0.13922066 0.13957831 -0.00065300
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term down The long-term trend has been DOWN since Mar 1st, 2023 at 0.13387187

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 0.13756694

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 0.14050487

Smart Scan Analysis for JPYMXN

Based on our trend formula, JPYMXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14023131 0.14043999 0.13922066 0.13957831 -0.00065300
Prev. Close Volume Bid Ask Time
0.14023131 2023-03-28 10:53:46
Get a free daily analysis and signals for Japanese Yen/Mexican Peso (JPYMXN) - Request Your Free Report.