Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)
Sidelines Mode (+55) - JPYSAR 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 JPYSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYSAR.
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 JPYSAR
The long-term trend has been UP since Dec 7th, 2023 at 0.02591880
The intermediate-term trend has been UP since Mar 6th, 2024 at 0.02517348
The short-term trend has been DOWN since Mar 14th, 2024 at 0.02534380
Smart Scan Analysis for JPYSAR
Based on our trend formula, JPYSAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02512955 | 0.02516669 | 0.02511330 | 0.02511330 | -0.00001600 |
Prev. Close | Volume | Bid | Ask | Time |
0.02512955 | 2024-03-18 23:15:33 |