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Forex Trend Analysis Report

Prepared for you on Thursday, November 14, 2024.

Japanese Yen/Euro (FOREX:JPYEUR)

Crossroads (+60) - JPYEUR is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_JPYEUR
Open High Low JPYEUR Price Change
0.00607400 0.00610200 0.00605959 0.00606700 -0.00000700
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.006162

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2024 at 0.006122

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 0.006073

Smart Scan Analysis for JPYEUR

Based on our trend formula, JPYEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00607400 0.00610200 0.00605959 0.00606700 -0.00000700
Prev. Close Volume Bid Ask Time
0.00607400 2024-11-14 23:41:55
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