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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Japanese Yen/ (FOREX:JPYRSD)

Long-Term Uptrend (+90) - JPYRSD is in a strong uptrend that is likely to continue. While JPYRSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_JPYRSD
Open High Low JPYRSD Price Change
0.7526948 0.7526948 0.7506805 0.7506805 -0.0020140
Entry Signal

MarketClub’s Trade Triangles for JPYRSD

long term up The long-term trend has been UP since Dec 7th, 2023 at 0.7529713

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2023 at 0.7284782

short term up The short-term trend has been UP since Nov 21st, 2023 at 0.7216945

Smart Scan Analysis for JPYRSD

Based on our trend formula, JPYRSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7526948 0.7526948 0.7506805 0.7506805 -0.0020140
Prev. Close Volume Bid Ask Time
0.7526948 2023-12-08 22:32:21
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