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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Japanese Yen/ (FOREX:JPYRSD)

Bull Market Weakness (+75) - JPYRSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYRSD as it may be in the beginning stages 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.

FOREX_JPYRSD
Open High Low JPYRSD Price Change
0.7009790 0.7022164 0.6970632 0.7013991 +0.0004200
Entry Signal

MarketClub’s Trade Triangles for JPYRSD

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.7160148

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2024 at 0.6854958

short term up The short-term trend has been UP since Jul 12th, 2024 at 0.6793544

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).

+70
Smart Scan Analysis for JPYRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7009790 0.7022164 0.6970632 0.7013991 +0.0004200
Prev. Close Volume Bid Ask Time
0.7009790 2024-07-26 14:00:13
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