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Forex Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

Euro/Japanese Yen (FOREX:EURJPY)

Strong Uptrend (+100) - EURJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
124.87811 124.87811 124.85500 124.87340 -0.00471
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 Jul 14th, 2020 at 121.9700

short term up The short-term trend has been UP since Jul 14th, 2020 at 121.9615

Smart Scan Analysis for EURJPY

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

+100
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.87811 124.87811 124.85500 124.87340 -0.00471
Prev. Close Volume Bid Ask Time
124.87811 124.85571 124.89108 2020-08-08 18:47:14
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