Free Daily Analysis
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.
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MarketClub’s Trade Triangles for JPYUSD
The long-term trend has been DOWN since Feb 5th, 2021 at 0.00946405
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 0.00960855
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).
| 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 |