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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

Japanese Yen/Romanian Leu (FOREX:JPYRON)

Sidelines Mode (-55) - JPYRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYRON
Open High Low JPYRON Price Change
0.02880075 0.02908691 0.02880075 0.02907823 +0.00027700
Entry Signal

MarketClub’s Trade Triangles for JPYRON

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.03038691

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2024 at 0.02913487

short term up The short-term trend has been UP since Jul 12th, 2024 at 0.02893929

Smart Scan Analysis for JPYRON

Based on our trend formula, JPYRON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02880075 0.02908691 0.02880075 0.02907823 +0.00027700
Prev. Close Volume Bid Ask Time
0.02880075 2024-07-17 05:09:36
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