Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Japanese Yen/Russian Ruble (FOREX:JPYRUB)

Countertrend Up (+85) - JPYRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid JPYRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYRUB
Open High Low JPYRUB Price Change
0.44614820 0.45350012 0.44602356 0.44776009 +0.00161200
Entry Signal

MarketClub’s Trade Triangles for JPYRUB

long term up The long-term trend has been UP since Jul 3rd, 2022 at 0.71120860

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2022 at 0.44252661

short term down The short-term trend has been DOWN since Aug 2nd, 2022 at 0.45572696

Smart Scan Analysis for JPYRUB

Based on our trend formula, JPYRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JPYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44614820 0.45350012 0.44602356 0.44776009 +0.00161200
Prev. Close Volume Bid Ask Time
0.44614820 2022-08-10 04:00:45
Get a free daily analysis and signals for Japanese Yen/Russian Ruble (JPYRUB) - Request Your Free Report.