Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

Japanese Yen/Russian Ruble (FOREX:JPYRUB)

Long-Term Downtrend (-90) - JPYRUB is in a strong downtrend that is likely to continue. While JPYRUB 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 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
0.50410067 0.50553523 0.49024459 0.49661045 -0.00749000
Entry Signal

MarketClub’s Trade Triangles for JPYRUB

long term down The long-term trend has been DOWN since Apr 7th, 2022 at 0.64082527

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2022 at 0.80432340

short term down The short-term trend has been DOWN since May 11th, 2022 at 0.52074667

Smart Scan Analysis for JPYRUB

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

-90
Smart Scan Analysis for JPYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.50410067 0.50553523 0.49024459 0.49661045 -0.00749000
Prev. Close Volume Bid Ask Time
0.50410067 2022-05-16 18:52:20
Get a free daily analysis and signals for Japanese Yen/Russian Ruble (JPYRUB) - Request Your Free Report.