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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Russian Ruble (FOREX:JPYRUB)
Sidelines Mode (-55) - JPYRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for JPYRUB
The long-term trend has been DOWN since Apr 25th, 2024 at 0.59475262
The intermediate-term trend has been UP since Jul 15th, 2024 at 0.55928874
The short-term trend has been DOWN since Jul 25th, 2024 at 0.55744762
Smart Scan Analysis for JPYRUB
Based on our trend formula, JPYRUB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.55261729 | 0.56190794 | 0.55250954 | 0.55919131 | +0.00657400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55261729 | 2024-07-26 19:23:23 |