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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Japanese Yen/ (FOREX:JPYXDR)

Countertrend Up (+85) - JPYXDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid JPYXDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYXDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYXDR
Open High Low JPYXDR Price Change
0.00681762 0.00681762 0.00681762 0.00681762 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYXDR

long term up The long-term trend has been UP since Jan 21st, 2020 at 0.00657436

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2020 at 0.00674972

short term up The short-term trend has been UP since Mar 17th, 2020 at 0.00666205

Smart Scan Analysis for JPYXDR

Based on our trend formula, JPYXDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for JPYXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00681762 0.00681762 0.00681762 0.00681762 0.00000000
Prev. Close Volume Bid Ask Time
0.00681762 0.00681762 0.00681762 2020-04-02 07:19:26
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