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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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
0.14898286 0.15195008 0.14849782 0.15128239 +0.00230000
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term down The long-term trend has been DOWN since Jan 4th, 2022 at 0.17646266

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2022 at 0.17520975

short term up The short-term trend has been UP since Jun 29th, 2022 at 0.14818123

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
0.14898286 0.15195008 0.14849782 0.15128239 +0.00230000
Prev. Close Volume Bid Ask Time
0.14898286 2022-07-05 20:45:36
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