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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Japanese Yen/US Dollar (FOREX:JPYUSD)
Long-Term Downtrend (-90) - JPYUSD is in a strong downtrend that is likely to continue. While JPYUSD is showing intraday strength, it remains in the confines of a bearish trend. 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 Nov 5th, 2024 at 0.0064999
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.0064600
The short-term trend has been DOWN since Dec 26th, 2024 at 0.0063500
Smart Scan Analysis for JPYUSD
Based on our trend formula, JPYUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00635245 | 0.00635667 | 0.00632590 | 0.00633615 | -0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00635245 | 2024-12-26 19:53:51 |