Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Japanese Yen (FOREX:USDJPY)
Weak Downtrend (-65) - USDJPY is showing signs of a strengthening downtrend. Monitor USDJPY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDJPY
The long-term trend has been UP since Mar 19th, 2024 at 150.8840
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 157.4180
The short-term trend has been DOWN since Jul 11th, 2024 at 160.4455
Smart Scan Analysis for USDJPY
Based on our trend formula, USDJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.816 | 154.736 | 153.243 | 153.745 | -0.071 |
| Prev. Close | Volume | Bid | Ask | Time |
| 153.816 | 2024-07-26 19:56:27 |
Get a free daily analysis and signals for US Dollar/Japanese Yen (USDJPY) - Request Your Free Report.