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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.

FOREX_JPYGBP
Open High Low JPYGBP Price Change
0.007497 0.007499 0.007409 0.007443 -0.000054
Entry Signal

MarketClub’s Trade Triangles for JPYGBP

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.007177

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.007422

short term down 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).

-70
Smart Scan Analysis for JPYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007497 0.007499 0.007409 0.007443 -0.000054
Prev. Close Volume Bid Ask Time
0.007497 0.007423 0.007463 2020-04-07 15:33:50
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