Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, November 25, 2024.
US Dollar/Japanese Yen (FOREX:USDJPY)
Bull Market Weakness (+75) - USDJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDJPY
The long-term trend has been UP since Nov 5th, 2024 at 153.870
The intermediate-term trend has been UP since Oct 2nd, 2024 at 146.467
The short-term trend has been DOWN since Nov 24th, 2024 at 153.934
Smart Scan Analysis for USDJPY
Based on our trend formula, USDJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 154.0740 | 154.7165 | 154.0705 | 154.4170 | +0.3430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 154.0740 | 2024-11-25 06:36:16 |