Forex Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
Japanese Yen/Euro (FOREX:JPYEUR)
Bull Market Weakness (+75) - JPYEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been UP since Feb 13th, 2020 at 0.008384
The intermediate-term trend has been DOWN since Feb 20th, 2020 at 0.008253
The short-term trend has been UP since Feb 28th, 2020 at 0.008372
Smart Scan Analysis for JPYEUR
Based on our trend formula, JPYEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).