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Forex Trend Analysis Report

Prepared for you on Tuesday, October 20, 2020.

Japanese Yen/Brazilian Real (FOREX:JPYBRL)

Bull Market Weakness (+75) - JPYBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYBRL as it may be in the beginning stages of a reversal.

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.

FOREX_JPYBRL
Open High Low JPYBRL Price Change
0.05312496 0.05314396 0.05311166 0.05313483 +0.00001000
Entry Signal

MarketClub’s Trade Triangles for JPYBRL

long term up The long-term trend has been UP since Jan 2nd, 2019 at 0.03564600

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2020 at 0.05201256

short term down The short-term trend has been DOWN since Oct 19th, 2020 at 0.05304645

Smart Scan Analysis for JPYBRL

Based on our trend formula, JPYBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for JPYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05312496 0.05314396 0.05311166 0.05313483 +0.00001000
Prev. Close Volume Bid Ask Time
0.05312496 2020-10-20 04:51:40
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