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Forex Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)

Crossroads (+60) - JPYSAR is struggling to move into a solid trend. Beware of choppy markets 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
0.02548360 0.02551469 0.02545455 0.02545455 -0.00002900
Entry Signal

MarketClub’s Trade Triangles for JPYSAR

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 0.02724744

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2023 at 0.02520682

short term up The short-term trend has been UP since Nov 14th, 2023 at 0.02478661

Smart Scan Analysis for JPYSAR

Based on our trend formula, JPYSAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02548360 0.02551469 0.02545455 0.02545455 -0.00002900
Prev. Close Volume Bid Ask Time
0.02548360 2023-12-06 05:06:06
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