Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Special drawing rights/Japanese Yen (FOREX:XDRJPY)
Bull Market Weakness (+75) - XDRJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XDRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRJPY.
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 XDRJPY
The long-term trend has been UP since Mar 1st, 2024 at 199.84774
The intermediate-term trend has been UP since Mar 20th, 2024 at 199.85939
The short-term trend has been UP since Mar 20th, 2024 at 198.48559
Smart Scan Analysis for XDRJPY
Based on our trend formula, XDRJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
200.33472 | 200.33472 | 200.33472 | 200.33472 | 0.00000 |
Prev. Close | Volume | Bid | Ask | Time |
200.33472 | 2024-03-28 02:42:10 |