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.
MarketClub’s Trade Triangles for JPYCAD
The long-term trend has been DOWN since Jun 5th, 2020 at 0.012279
The intermediate-term trend has been UP since Jun 17th, 2021 at 0.011130
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).