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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 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.

FOREX_JPYSAR
Open High Low JPYSAR Price Change
0.02388881 0.02401084 0.02384916 0.02390818 +0.00001900
Entry Signal

MarketClub’s Trade Triangles for JPYSAR

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.02486073

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.02487141

short term down The short-term trend has been DOWN since Jun 7th, 2024 at 0.02397949

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).

-90
Smart Scan Analysis for JPYSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02388881 0.02401084 0.02384916 0.02390818 +0.00001900
Prev. Close Volume Bid Ask Time
0.02388881 2024-06-13 14:04:11
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