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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Weak Downtrend (-65) - JPYMXN is showing signs of a strengthening downtrend. Monitor JPYMXN as it may be building momentum to the downside.

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
0.20463307 0.20511334 0.20394304 0.20394304 -0.00069000
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.18059535

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 0.22016740

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.22144039

Smart Scan Analysis for JPYMXN

Based on our trend formula, JPYMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20463307 0.20511334 0.20394304 0.20394304 -0.00069000
Prev. Close Volume Bid Ask Time
0.20463307 0.20391983 0.20396625 2020-06-02 04:43:01
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