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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for JPYEUR
The long-term trend has been DOWN since Mar 19th, 2024 at 0.006107
The intermediate-term trend has been UP since Jul 17th, 2024 at 0.005867
The short-term trend has been UP since Jul 12th, 2024 at 0.005828
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00598800 | 0.00601000 | 0.00595200 | 0.00598231 | -0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00598800 | 2024-07-26 20:16:04 |