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.
MarketClub’s Trade Triangles for USDTJS
The long-term trend has been DOWN since Sep 13th, 2021 at 11.330716
The intermediate-term trend has been DOWN since Aug 22nd, 2021 at 11.404142
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).