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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

Euro/Japanese Yen (FOREX:EURJPY)

Long-Term Uptrend (+90) - EURJPY is in a strong uptrend that is likely to continue. While EURJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid EURJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURJPY
Open High Low EURJPY Price Change
132.2020 132.4675 131.7850 132.0000 -0.2020
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term up The long-term trend has been UP since Jun 2nd, 2020 at 121.1575

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2021 at 127.6750

short term up The short-term trend has been UP since Apr 20th, 2021 at 130.7950

Smart Scan Analysis for EURJPY

Based on our trend formula, EURJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.2020 132.4675 131.7850 132.0000 -0.2020
Prev. Close Volume Bid Ask Time
132.2020 2021-05-11 15:22:57
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