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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)
Long-Term Downtrend (-90) - JPYSAR is in a strong downtrend that is likely to continue. While JPYSAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Mar 19th, 2024 at 0.02486073
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.02487141
The short-term trend has been DOWN since Apr 8th, 2024 at 0.02469252
Smart Scan Analysis for JPYSAR
Based on our trend formula, JPYSAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02412431 | 0.02412677 | 0.02408352 | 0.02411402 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02412431 | 2024-04-25 11:51:23 |