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Forex Trend Analysis Report
Prepared for you on Tuesday, April 30, 2024.
Canadian Dollar/Japanese Yen (FOREX:CADJPY)
Bull Market Weakness (+75) - CADJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADJPY.
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 CADJPY
The long-term trend has been UP since Feb 8th, 2024 at 110.7000
The intermediate-term trend has been UP since Mar 20th, 2024 at 111.6375
The short-term trend has been DOWN since Apr 29th, 2024 at 113.2530
Smart Scan Analysis for CADJPY
Based on our trend formula, CADJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 114.5800 | 114.8330 | 114.4150 | 114.5015 | -0.0785 |
| Prev. Close | Volume | Bid | Ask | Time |
| 114.5800 | 2024-04-30 13:33:57 |