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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/ (FOREX:USDTJS)

Strong Downtrend (-100) - USDTJS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDTJS continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_USDTJS
Open High Low USDTJS Price Change
10.598952 10.598952 10.595829 10.595829 -0.003123
Entry Signal

MarketClub’s Trade Triangles for USDTJS

long term down The long-term trend has been DOWN since May 9th, 2024 at 10.891811

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2024 at 10.681369

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 10.643864

Smart Scan Analysis for USDTJS

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

-100
Smart Scan Analysis for USDTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.598952 10.598952 10.595829 10.595829 -0.003123
Prev. Close Volume Bid Ask Time
10.598952 2024-07-26 14:00:13
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