Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

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.

Open	High	Low	JPYZAR Price	Change
0.14004012	0.14017313	0.13933800	0.13976187	-0.00027800
Entry Signal

MarketClub’s Trade Triangles for JPYZAR

The long-term trend has been UP since Aug 2nd, 2022 at 0.12704342

The intermediate-term trend has been UP since Nov 15th, 2022 at 0.12496785

The short-term trend has been UP since Mar 12th, 2023 at 0.13708848

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).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.14004012	0.14017313	0.13933800	0.13976187	-0.00027800
Prev. Close	Volume	Bid	Ask	Time
0.14004012				2023-03-22 05:53:18

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