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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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.

FOREX_USDJPY
Open High Low USDJPY Price Change
157.4200 158.0820 157.3105 157.8915 +0.4715
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long-term trend has been UP since Nov 5th, 2024 at 153.870

intermediate term up The intermediate-term trend has been UP since Dec 18th, 2024 at 154.770

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 156.265

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).

+75
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.4200 158.0820 157.3105 157.8915 +0.4715
Prev. Close Volume Bid Ask Time
157.4200 2024-12-26 17:37:09
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