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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Japanese Yen/Brazilian Real (FOREX:JPYBRL)
Strong Uptrend (+100) - JPYBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYBRL 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 JPYBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYBRL.
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 JPYBRL
The long-term trend has been UP since Jun 4th, 2024 at 0.03422285
The intermediate-term trend has been UP since Nov 29th, 2024 at 0.04021434
The short-term trend has been UP since Dec 24th, 2024 at 0.03948976
Smart Scan Analysis for JPYBRL
Based on our trend formula, JPYBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04280701 | 0.04286522 | 0.04277676 | 0.04282571 | +0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04280701 | 2024-12-26 06:17:56 |