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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

Japanese Yen/Canadian Dollar (FOREX:JPYCAD)

Long-Term Uptrend (+90) - JPYCAD is in a strong uptrend that is likely to continue. While JPYCAD 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 JPYCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYCAD
Open High Low JPYCAD Price Change
0.00905900 0.00910000 0.00899262 0.00899262 -0.00006600
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term up The long-term trend has been UP since Jul 24th, 2024 at 0.00901965

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 0.00867000

short term up The short-term trend has been UP since Jul 11th, 2024 at 0.00849900

Smart Scan Analysis for JPYCAD

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

+90
Smart Scan Analysis for JPYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00905900 0.00910000 0.00899262 0.00899262 -0.00006600
Prev. Close Volume Bid Ask Time
0.00905900 2024-07-25 09:12:33
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