Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Japanese Yen/ (FOREX:JPYRSD)
Bear Market Rally (-75) - JPYRSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYRSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPYRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYRSD
The long-term trend has been DOWN since Mar 22nd, 2022 at 0.8830609
The intermediate-term trend has been DOWN since May 31st, 2022 at 0.8501809
The short-term trend has been UP since Jun 23rd, 2022 at 0.8297390
Smart Scan Analysis for JPYRSD
Based on our trend formula, JPYRSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).