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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

US Dollar/ (FOREX:USDTJS)

Weak Downtrend (-65) - USDTJS is showing signs of a strengthening downtrend. Monitor USDTJS as it may be building momentum to the downside.

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
10.917059 10.917059 10.917059 10.917059 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTJS

long term up The long-term trend has been UP since Mar 18th, 2024 at 10.975691

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 10.942064

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 10.934497

Smart Scan Analysis for USDTJS

Based on our trend formula, USDTJS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.917059 10.917059 10.917059 10.917059 0.000000
Prev. Close Volume Bid Ask Time
10.917059 2024-04-23 07:26:25
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