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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Euro/Japanese Yen (FOREX:EURJPY)

Sidelines Mode (-55) - EURJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
143.7400 145.0855 143.1945 144.6555 +0.9155
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term down The long-term trend has been DOWN since Jan 2nd, 2023 at 138.9225

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 142.2085

short term up The short-term trend has been UP since Mar 28th, 2023 at 142.2130

Smart Scan Analysis for EURJPY

Based on our trend formula, EURJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.7400 145.0855 143.1945 144.6555 +0.9155
Prev. Close Volume Bid Ask Time
143.7400 2023-03-30 16:13:21
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