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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Mexican Peso (FOREX:JPYMXN)
Long-Term Uptrend (+90) - JPYMXN is in a strong uptrend that is likely to continue. While JPYMXN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for JPYMXN
The long-term trend has been UP since Jun 4th, 2024 at 0.11664596
The intermediate-term trend has been UP since Jul 22nd, 2024 at 0.11505105
The short-term trend has been UP since Jul 11th, 2024 at 0.11266094
Smart Scan Analysis for JPYMXN
Based on our trend formula, JPYMXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11974977 | 0.12065012 | 0.11832878 | 0.12006088 | +0.00031100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11974977 | 2024-07-26 17:00:42 |