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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
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, JPYUSD 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.
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MarketClub’s Trade Triangles for JPYUSD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.00662761
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.00662972
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.00646000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00645800 | 0.00646000 | 0.00643000 | 0.00643252 | -0.00002500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00645800 | 2024-04-24 23:46:24 |