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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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 Jul 31st, 2024 at 0.006162
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 0.006168
The short-term trend has been UP since Dec 25th, 2024 at 0.006139
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 |
|---|---|---|---|---|
| 0.00610900 | 0.00611664 | 0.00607000 | 0.00607700 | -0.00003200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00610900 | 2024-12-26 15:45:15 |