Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Japanese Yen/South African Rand (FOREX:JPYZAR)
Weak Downtrend (-65) - JPYZAR is showing signs of a strengthening downtrend. Monitor JPYZAR as it may be building momentum to the downside.
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 DOWN since Nov 3rd, 2020 at 0.15376340
The intermediate-term trend has been DOWN since Feb 1st, 2021 at 0.14275077
The short-term trend has been UP since Mar 4th, 2021 at 0.14179389
Smart Scan Analysis for JPYZAR
Based on our trend formula, JPYZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).