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.
MarketClub’s Trade Triangles for JPYRUB
The long-term trend has been UP since Jul 3rd, 2022 at 0.71120860
The intermediate-term trend has been UP since Jul 3rd, 2022 at 0.44252661
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).