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Forex Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
Japanese Yen/British Pound (FOREX:JPYGBP)
Bull Market Weakness (+75) - JPYGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYGBP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for JPYGBP
The long-term trend has been DOWN since Oct 11th, 2021 at 0.006490
The intermediate-term trend has been UP since Nov 5th, 2021 at 0.006543
The short-term trend has been UP since Nov 19th, 2021 at 0.006531
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.006685 | 0.006689 | 0.006639 | 0.006647 | -0.000038 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.006685 | 2021-12-06 18:27:59 |