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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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.
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MarketClub’s Trade Triangles for USDJPY
The long-term trend has been UP since Nov 5th, 2024 at 153.870
The intermediate-term trend has been DOWN since Jan 20th, 2025 at 154.990
The short-term trend has been DOWN since Feb 4th, 2025 at 154.026
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.3430 | 153.5625 | 152.1525 | 152.2705 | -1.0725 |
| Prev. Close | Volume | Bid | Ask | Time |
| 153.3430 | 2025-02-05 10:52:11 |