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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Japanese Yen/ (FOREX:JPYRSD)
Long-Term Downtrend (-90) - JPYRSD is in a strong downtrend that is likely to continue. While JPYRSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for JPYRSD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.7160148
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.7160148
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.7099830
Smart Scan Analysis for JPYRSD
Based on our trend formula, JPYRSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7105011 | 0.7114097 | 0.7068049 | 0.7068049 | -0.0036960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7069154 | 2024-04-23 21:01:44 |