Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Japanese Yen/Euro (FOREX:JPYEUR)
Sidelines Mode (+55) - JPYEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been UP since Dec 1st, 2023 at 0.006436
The intermediate-term trend has been UP since Mar 10th, 2024 at 0.006228
The short-term trend has been DOWN since Mar 13th, 2024 at 0.006192
Smart Scan Analysis for JPYEUR
Based on our trend formula, JPYEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00614846 | 0.00615100 | 0.00611600 | 0.00612500 | -0.00002300 |
Prev. Close | Volume | Bid | Ask | Time |
0.00614846 | 2024-03-19 05:52:28 |