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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/US Dollar (FOREX:JPYUSD)
Bull Market Weakness (+75) - JPYUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYUSD as it may be in the beginning stages of a reversal.
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 UP since Jul 15th, 2024 at 0.00635000
The short-term trend has been UP since Jul 15th, 2024 at 0.00635000
Smart Scan Analysis for JPYUSD
Based on our trend formula, JPYUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00650135 | 0.00652405 | 0.00646275 | 0.00650428 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00650135 | 2024-07-26 21:04:31 |