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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Long-Term Downtrend (-90) - JPYCAD is in a strong downtrend that is likely to continue. While JPYCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Nov 5th, 2024 at 0.00903200
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.00921500
The short-term trend has been DOWN since Nov 20th, 2024 at 0.00900135
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00905100 | 0.00908100 | 0.00901800 | 0.00903385 | -0.00001700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00905100 | 2024-11-22 20:57:02 |