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Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Japanese Yen/Mexican Peso (FOREX:JPYMXN)
Bear Market Rally (-75) - JPYMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYMXN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPYMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYMXN.
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 JPYMXN
The long-term trend has been DOWN since Jan 4th, 2022 at 0.17646266
The intermediate-term trend has been DOWN since Dec 17th, 2021 at 0.18233341
The short-term trend has been DOWN since Jan 17th, 2022 at 0.17748554
Smart Scan Analysis for JPYMXN
Based on our trend formula, JPYMXN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17702744 | 0.17842234 | 0.17689166 | 0.17789122 | +0.00086400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17702744 | 2022-01-18 19:38:21 |