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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Bear Market Rally (-75) - CADJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADJPY as it may be in the beginning 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.

FOREX_CADJPY
Open High Low CADJPY Price Change
76.3960 76.9935 76.3500 76.4990 +0.1030
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 81.2800

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 81.5855

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 76.6275

Smart Scan Analysis for CADJPY

Based on our trend formula, CADJPY is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.3960 76.9935 76.3500 76.4990 +0.1030
Prev. Close Volume Bid Ask Time
76.3960 76.4870 76.5110 2020-03-30 06:40:06
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