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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Countertrend Up (+85) - JPYCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for JPYCAD
The long-term trend has been UP since Feb 2nd, 2025 at 0.009456
The intermediate-term trend has been UP since Jan 16th, 2025 at 0.009252
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.009291
Smart Scan Analysis for JPYCAD
Based on our trend formula, JPYCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00932600 | 0.00935952 | 0.00925800 | 0.00934966 | +0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00932600 | 2025-02-04 23:42:30 |