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.
MarketClub’s Trade Triangles for JPYBRL
The long-term trend has been UP since Mar 2nd, 2021 at 0.05292465
The intermediate-term trend has been DOWN since Mar 14th, 2021 at 0.05072130
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).