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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)
Countertrend Down (-85) - JPYSAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Nov 5th, 2024 at 0.02441090
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.02578703
The short-term trend has been UP since Nov 19th, 2024 at 0.02439068
Smart Scan Analysis for JPYSAR
Based on our trend formula, JPYSAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02418589 | 0.02418589 | 0.02410967 | 0.02410967 | -0.00007600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02418589 | 2024-11-20 03:14:23 |