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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Bull Market Weakness (+75) - JPYMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYMXN as it may be in the beginning stages of a reversal.

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
0.11786452 0.11786452 0.11786452 0.11786452 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term up The long-term trend has been UP since Jun 4th, 2024 at 0.11664596

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2024 at 0.10938304

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.11657251

Smart Scan Analysis for JPYMXN

Based on our trend formula, JPYMXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11786452 0.11786452 0.11786452 0.11786452 0.00000000
Prev. Close Volume Bid Ask Time
0.11786452 2024-06-15 06:10:54
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