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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

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.

FOREX_JPYSAR
Open High Low JPYSAR Price Change
0.02786314 0.02788323 0.02777305 0.02781042 -0.00005300
Entry Signal

MarketClub’s Trade Triangles for JPYSAR

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.03549537

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2022 at 0.02780002

short term down The short-term trend has been DOWN since Aug 4th, 2022 at 0.02799806

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).

-55
Smart Scan Analysis for JPYSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02786314 0.02788323 0.02777305 0.02781042 -0.00005300
Prev. Close Volume Bid Ask Time
0.02786314 2022-08-09 14:34:09
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