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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

US Dollar/ (FOREX:USDTJS)

Sidelines Mode (+55) - USDTJS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
10.747553 10.747553 10.747553 10.747553 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTJS

long term up The long-term trend has been UP since Dec 19th, 2022 at 10.176384

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2023 at 10.207284

short term down The short-term trend has been DOWN since Mar 13th, 2023 at 10.917620

Smart Scan Analysis for USDTJS

Based on our trend formula, USDTJS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.747553 10.747553 10.747553 10.747553 0.000000
Prev. Close Volume Bid Ask Time
10.747553 2023-03-18 03:55:51
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