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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Japanese Yen/Euro (FOREX:JPYEUR)

Strong Downtrend (-100) - JPYEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYEUR continues to fall. Traders should use caution and set stops.

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.

FOREX_JPYEUR
Open High Low JPYEUR Price Change
0.00609700 0.00610100 0.00605998 0.00606079 -0.00003600
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.006107

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.006107

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.006067

Smart Scan Analysis for JPYEUR

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

-100
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00609700 0.00610100 0.00605998 0.00606079 -0.00003600
Prev. Close Volume Bid Ask Time
0.00609700 2024-04-19 17:38:02
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