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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

US Dollar/ (FOREX:USDTJS)

Countertrend Up (+85) - USDTJS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_USDTJS
Open High Low USDTJS Price Change
11.008643 11.008643 11.008643 11.008643 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTJS

long term up The long-term trend has been UP since Jul 20th, 2023 at 10.955573

intermediate term up The intermediate-term trend has been UP since Aug 9th, 2023 at 10.980276

short term up The short-term trend has been UP since Sep 4th, 2023 at 10.991340

Smart Scan Analysis for USDTJS

Based on our trend formula, USDTJS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.008643 11.008643 11.008643 11.008643 0.000000
Prev. Close Volume Bid Ask Time
11.008643 2023-09-30 15:44:15
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