Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Japanese Yen/ (FOREX:JPYRSD)
Weak Downtrend (-65) - JPYRSD is showing signs of a strengthening downtrend. Monitor JPYRSD as it may be building momentum to the downside.
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 UP since Jul 19th, 2021 at 0.9055342
The intermediate-term trend has been DOWN since Oct 12th, 2021 at 0.9059564
The short-term trend has been DOWN since Sep 27th, 2021 at 0.9077784
Smart Scan Analysis for JPYRSD
Based on our trend formula, JPYRSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).