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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Chinese Yuan Renminbi (FOREX:JPYCNY)
Strong Uptrend (+100) - JPYCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid JPYCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCNY.
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 JPYCNY
The long-term trend has been UP since Jul 24th, 2024 at 0.04707182
The intermediate-term trend has been UP since Jul 15th, 2024 at 0.04602928
The short-term trend has been UP since Jul 17th, 2024 at 0.04604772
Smart Scan Analysis for JPYCNY
Based on our trend formula, JPYCNY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04711925 | 0.04729789 | 0.04686741 | 0.04715861 | +0.00003900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04711925 | 2024-07-26 20:12:10 |