Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Japanese Yen/British Pound (FOREX:JPYGBP)
Weak Downtrend (-65) - JPYGBP is showing signs of a strengthening downtrend. Monitor JPYGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JPYGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYGBP
The long-term trend has been UP since Feb 28th, 2020 at 0.007177
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.007422
The short-term trend has been DOWN since Apr 6th, 2020 at 0.007457
Smart Scan Analysis for JPYGBP
Based on our trend formula, JPYGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).