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Forex Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

US Dollar/Japanese Yen (FOREX:USDJPY)

Crossroads (-60) - USDJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
109.929 109.942 109.433 109.585 -0.344
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long-term trend has been UP since Feb 5th, 2021 at 105.661

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2021 at 109.405

short term down The short-term trend has been DOWN since Sep 9th, 2021 at 109.691

Smart Scan Analysis for USDJPY

Based on our trend formula, USDJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.929 109.942 109.433 109.585 -0.344
Prev. Close Volume Bid Ask Time
109.929 2021-09-20 10:43:29
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