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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Japanese Yen/Special drawing rights (FOREX:JPYXDR)
Strong Downtrend (-100) - JPYXDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYXDR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYXDR.
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 JPYXDR
The long-term trend has been DOWN since Mar 1st, 2024 at 0.00500381
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.00500352
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.00491158
Smart Scan Analysis for JPYXDR
Based on our trend formula, JPYXDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00488945 | 0.00488945 | 0.00488945 | 0.00488945 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00488945 | 2024-04-23 21:01:41 |