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Forex Trend Analysis Report

Prepared for you on Sunday, May 5, 2024.

Japanese Yen/Russian Ruble (FOREX:JPYRUB)

Strong Downtrend (-100) - JPYRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYRUB continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JPYRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYRUB
Open High Low JPYRUB Price Change
0.60505482 0.60505482 0.59921896 0.59921896 -0.00583600
Entry Signal

MarketClub’s Trade Triangles for JPYRUB

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 0.59475262

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.60816624

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 0.60741981

Smart Scan Analysis for JPYRUB

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

-100
Smart Scan Analysis for JPYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.60505482 0.60505482 0.59921896 0.59921896 -0.00583600
Prev. Close Volume Bid Ask Time
0.60505482 2024-05-03 15:40:49
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