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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Japanese Yen/South African Rand (FOREX:JPYZAR)

Sidelines Mode (+55) - JPYZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYZAR
Open High Low JPYZAR Price Change
0.11997406 0.12133468 0.11903189 0.12108806 +0.00111400
Entry Signal

MarketClub’s Trade Triangles for JPYZAR

long term down The long-term trend has been DOWN since Feb 9th, 2022 at 0.13157302

intermediate term up The intermediate-term trend has been UP since Jul 1st, 2022 at 0.12206326

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 0.11945470

Smart Scan Analysis for JPYZAR

Based on our trend formula, JPYZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JPYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11997406 0.12133468 0.11903189 0.12108806 +0.00111400
Prev. Close Volume Bid Ask Time
0.11997406 2022-07-05 08:31:10
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