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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Japanese Yen (FOREX:EURJPY)
Bull Market Weakness (+75) - EURJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURJPY as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for EURJPY
The long-term trend has been UP since Nov 5th, 2024 at 166.6840
The intermediate-term trend has been UP since Dec 16th, 2024 at 162.1085
The short-term trend has been DOWN since Dec 25th, 2024 at 162.7945
Smart Scan Analysis for EURJPY
Based on our trend formula, EURJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 163.6965 | 164.7530 | 159.5395 | 164.4180 | +0.7215 |
| Prev. Close | Volume | Bid | Ask | Time |
| 163.6965 | 2024-12-26 18:25:04 |