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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Special drawing rights/Japanese Yen (FOREX:XDRJPY)

Bull Market Weakness (+75) - XDRJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRJPY as it may be in the beginning stages of a reversal.

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.

FOREX_XDRJPY
Open High Low XDRJPY Price Change
179.05184 179.05184 179.02818 179.02818 -0.02366
Entry Signal

MarketClub’s Trade Triangles for XDRJPY

long term up The long-term trend has been UP since Oct 14th, 2021 at 158.95441

intermediate term up The intermediate-term trend has been UP since Jun 8th, 2022 at 171.92399

short term up The short-term trend has been UP since Jun 8th, 2022 at 171.92399

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).

+70
Smart Scan Analysis for XDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.05184 179.05184 179.02818 179.02818 -0.02366
Prev. Close Volume Bid Ask Time
179.05184 2022-06-18 05:16:23
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