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Forex Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

Japanese Yen/Canadian Dollar (FOREX:JPYCAD)

Bear Market Rally (-75) - JPYCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYCAD as it may be in the beginning of a reversal.

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
0.01137031 0.01137031 0.01137031 0.01137031 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 0.012279

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2021 at 0.011130

short term down The short-term trend has been DOWN since Jul 29th, 2021 at 0.011360

Smart Scan Analysis for JPYCAD

Based on our trend formula, JPYCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01137031 0.01137031 0.01137031 0.01137031 0.00000000
Prev. Close Volume Bid Ask Time
0.01137031 2021-07-31 08:44:41
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