Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Japanese Yen/Brazilian Real (FOREX:JPYBRL)

Long-Term Uptrend (+90) - JPYBRL is in a strong uptrend that is likely to continue. While JPYBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.05036850 0.05044167 0.04965351 0.04970612 -0.00066200
Entry Signal

MarketClub’s Trade Triangles for JPYBRL

long term up The long-term trend has been UP since Oct 21st, 2021 at 0.04984949

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2021 at 0.04956348

short term up The short-term trend has been UP since Nov 26th, 2021 at 0.04926867

Smart Scan Analysis for JPYBRL

Based on our trend formula, JPYBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05036850 0.05044167 0.04965351 0.04970612 -0.00066200
Prev. Close Volume Bid Ask Time
0.05036850 2021-12-02 12:00:16
Get a free daily analysis and signals for Japanese Yen/Brazilian Real (JPYBRL) - Request Your Free Report.