Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Japanese Yen/South African Rand (FOREX:JPYZAR)
Bull Market Weakness (+75) - JPYZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
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 DOWN since Dec 2nd, 2019 at 0.13321574
The intermediate-term trend has been UP since Jan 5th, 2020 at 0.13297837
The short-term trend has been UP since Feb 17th, 2020 at 0.13630324
Smart Scan Analysis for JPYZAR
Based on our trend formula, JPYZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).