Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)
Bear Market Rally (-75) - JPYSAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYSAR as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for JPYSAR
The long-term trend has been DOWN since Feb 5th, 2021 at 0.03549537
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.03392973
The short-term trend has been UP since Oct 21st, 2021 at 0.03292010
Smart Scan Analysis for JPYSAR
Based on our trend formula, JPYSAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).