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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

US Dollar/ (FOREX:USDTJS)

Countertrend Down (-85) - USDTJS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
11.318829 11.318829 11.318829 11.318829 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTJS

long term down The long-term trend has been DOWN since Sep 13th, 2021 at 11.330716

intermediate term down The intermediate-term trend has been DOWN since Aug 22nd, 2021 at 11.404142

short term up The short-term trend has been UP since Oct 12th, 2021 at 11.311011

Smart Scan Analysis for USDTJS

Based on our trend formula, USDTJS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.318829 11.318829 11.318829 11.318829 0.000000
Prev. Close Volume Bid Ask Time
11.307624 2021-10-12 07:14:14
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