Forex Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Weak Downtrend (-65) - JPYCAD is showing signs of a strengthening downtrend. Monitor JPYCAD as it may be building momentum to the downside.
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 0.01227900
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.01289559
The short-term trend has been UP since Jul 7th, 2020 at 0.01263400
Smart Scan Analysis for JPYCAD
Based on our trend formula, JPYCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).