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Forex Trend Analysis Report
Prepared for you on Wednesday, November 6, 2024.
Japanese Yen/United Arab Emirates Dirham (FOREX:JPYAED)
Strong Downtrend (-100) - JPYAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYAED continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYAED.
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 JPYAED
The long-term trend has been DOWN since Nov 6th, 2024 at 0.02387954
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.02516883
The short-term trend has been DOWN since Nov 6th, 2024 at 0.02401360
Smart Scan Analysis for JPYAED
Based on our trend formula, JPYAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02389391 | 0.02389391 | 0.02376785 | 0.02376785 | -0.00012600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02389391 | 2024-11-06 18:00:08 |