Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
Japanese Yen/South African Rand (FOREX:JPYZAR)
Long-Term Uptrend (+90) - JPYZAR is in a strong uptrend that is likely to continue. While JPYZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for JPYZAR
The long-term trend has been UP since Feb 27th, 2020 at 0.14036806
The intermediate-term trend has been UP since Jan 5th, 2020 at 0.13297837
The short-term trend has been UP since Mar 27th, 2020 at 0.16082312
Smart Scan Analysis for JPYZAR
Based on our trend formula, JPYZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).