Free Daily Analysis

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.

FOREX_JPYMXN
Open High Low JPYMXN Price Change
0.17702744 0.17842234 0.17689166 0.17789122 +0.00086400
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term down The long-term trend has been DOWN since Jan 4th, 2022 at 0.17646266

intermediate term down The intermediate-term trend has been DOWN since Dec 17th, 2021 at 0.18233341

short term down 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).

-80
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Japanese Yen/Mexican Peso (JPYMXN) - Request Your Free Report.