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Forex Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
Japanese Yen/ (FOREX:JPYRSD)
Crossroads (-60) - JPYRSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JPYRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRSD.
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 JPYRSD
The long-term trend has been UP since Jul 31st, 2024 at 0.7205077
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 0.7223987
The short-term trend has been DOWN since Dec 30th, 2024 at 0.7100407
Smart Scan Analysis for JPYRSD
Based on our trend formula, JPYRSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7100129 | 0.7182426 | 0.7098713 | 0.7168790 | +0.0068660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7100129 | 2024-12-30 11:09:48 |