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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Japanese Yen/US Dollar (FOREX:JPYUSD)

Strong Downtrend (-100) - JPYUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_JPYUSD
Open High Low JPYUSD Price Change
0.008975 0.008982 0.008944 0.008944 -0.000031
Entry Signal

MarketClub’s Trade Triangles for JPYUSD

long term down The long-term trend has been DOWN since Nov 7th, 2019 at 0.009152

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2020 at 0.009094

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 0.009098

Smart Scan Analysis for JPYUSD

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

-100
Smart Scan Analysis for JPYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008975 0.008982 0.008944 0.008944 -0.000031
Prev. Close Volume Bid Ask Time
0.008975 0.008942 0.008946 2020-02-20 02:33:50
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