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Forex Trend Analysis Report

Prepared for you on Friday, November 15, 2024.

Japanese Yen/ (FOREX:JPYRSD)

Bull Market Weakness (+75) - JPYRSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYRSD as it may be in the beginning stages of a reversal.

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
0.7130098 0.7173850 0.7116487 0.7171441 +0.0041340
Entry Signal

MarketClub’s Trade Triangles for JPYRSD

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.7205077

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2024 at 0.7192477

short term up The short-term trend has been UP since Nov 15th, 2024 at 0.7160362

Smart Scan Analysis for JPYRSD

Based on our trend formula, JPYRSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for JPYRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7130098 0.7173850 0.7116487 0.7171441 +0.0041340
Prev. Close Volume Bid Ask Time
0.7130098 2024-11-15 11:42:19
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