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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Special drawing rights/Japanese Yen (FOREX:XDRJPY)
Weak Downtrend (-65) - XDRJPY is showing signs of a strengthening downtrend. Monitor XDRJPY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XDRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XDRJPY
The long-term trend has been UP since Mar 1st, 2024 at 199.84774
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 209.80503
The short-term trend has been DOWN since Jul 15th, 2024 at 211.93776
Smart Scan Analysis for XDRJPY
Based on our trend formula, XDRJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for XDRJPY](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
203.8648 | 203.8648 | 203.8648 | 203.8648 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
203.8648 | 2024-07-26 14:00:16 |