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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 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
132.9330 133.4005 132.7150 133.2675 +0.3345
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term up The long-term trend has been UP since Oct 15th, 2021 at 132.4300

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 130.4695

short term up The short-term trend has been UP since Oct 8th, 2021 at 129.3755

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
132.9330 133.4005 132.7150 133.2675 +0.3345
Prev. Close Volume Bid Ask Time
132.9330 2021-10-19 23:07:06
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