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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Special drawing rights/Japanese Yen (FOREX:XDRJPY)
Crossroads (-60) - XDRJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 5th, 2024 at 202.61109
The intermediate-term trend has been DOWN since Jan 16th, 2025 at 203.92269
The short-term trend has been DOWN since Jan 6th, 2025 at 204.98745
Smart Scan Analysis for XDRJPY
Based on our trend formula, XDRJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 202.7494 | 202.7494 | 202.7494 | 202.7494 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 202.8243 | 2025-01-19 11:30:04 |