Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Japanese Yen/Romanian Leu (FOREX:JPYRON)
Long-Term Downtrend (-90) - JPYRON is in a strong downtrend that is likely to continue. While JPYRON is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for JPYRON
The long-term trend has been DOWN since Oct 19th, 2021 at 0.03721532
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.03794986
The short-term trend has been DOWN since Oct 8th, 2021 at 0.03824572
Smart Scan Analysis for JPYRON
Based on our trend formula, JPYRON is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).