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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

US Dollar/ (FOREX:USDTJS)

Sidelines Mode (+55) - USDTJS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
11.391696 11.391696 11.391696 11.391696 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTJS

long term up The long-term trend has been UP since Mar 17th, 2020 at 9.725657

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 11.414831

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 11.392334

Smart Scan Analysis for USDTJS

Based on our trend formula, USDTJS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.391696 11.391696 11.391696 11.391696 0.000000
Prev. Close Volume Bid Ask Time
11.391696 2021-02-26 07:19:58
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