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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Japanese Yen/Swiss Franc (FOREX:JPYCHF)

Long-Term Downtrend (-90) - JPYCHF is in a strong downtrend that is likely to continue. While JPYCHF 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 JPYCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYCHF
Open High Low JPYCHF Price Change
0.59163546 0.59228550 0.58940718 0.59020000 -0.00143500
Entry Signal

MarketClub’s Trade Triangles for JPYCHF

long term down The long-term trend has been DOWN since Jan 5th, 2024 at 0.5863000

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.5931902

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 0.5949902

Smart Scan Analysis for JPYCHF

Based on our trend formula, JPYCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JPYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59163546 0.59228550 0.58940718 0.59020000 -0.00143500
Prev. Close Volume Bid Ask Time
0.59163546 2024-04-16 17:01:11
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