Free Daily Analysis

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.

FOREX_JPYRON
Open High Low JPYRON Price Change
0.03710633 0.03723771 0.03706673 0.03719477 +0.00008800
Entry Signal

MarketClub’s Trade Triangles for JPYRON

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 0.03721532

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.03794986

short term down 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).

-90
Smart Scan Analysis for JPYRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03710633 0.03723771 0.03706673 0.03719477 +0.00008800
Prev. Close Volume Bid Ask Time
0.03710633 2021-10-20 05:16:09
Get a free daily analysis and signals for Japanese Yen/Romanian Leu (JPYRON) - Request Your Free Report.