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.
MarketClub’s Trade Triangles for JPYXDR
The long-term trend has been UP since Jan 21st, 2020 at 0.00657436
The intermediate-term trend has been UP since Apr 2nd, 2020 at 0.00674972
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).