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Forex Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

Japanese Yen/Brazilian Real (FOREX:JPYBRL)

Weak Downtrend (-65) - JPYBRL is showing signs of a strengthening downtrend. Monitor JPYBRL as it may be building momentum to the downside.

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
0.05044088 0.05047319 0.05044088 0.05044801 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for JPYBRL

long term up The long-term trend has been UP since Mar 2nd, 2021 at 0.05292465

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2021 at 0.05072130

short term down The short-term trend has been DOWN since Apr 15th, 2021 at 0.05149160

Smart Scan Analysis for JPYBRL

Based on our trend formula, JPYBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JPYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05044088 0.05047319 0.05044088 0.05044801 +0.00000700
Prev. Close Volume Bid Ask Time
0.05044088 2021-04-23 02:19:10
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