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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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
0.00922892 0.00922892 0.00922892 0.00922892 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYUSD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.00946405

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2021 at 0.00960855

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.00944912

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
0.00922892 0.00922892 0.00922892 0.00922892 0.00000000
Prev. Close Volume Bid Ask Time
0.00922892 2021-03-06 02:14:36
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