Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for JPYZAR
The long-term trend has been DOWN since Nov 5th, 2024 at 0.11457893
The intermediate-term trend has been UP since Nov 15th, 2024 at 0.11813834
The short-term trend has been DOWN since Nov 20th, 2024 at 0.11593874
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11646099 | 0.11657801 | 0.11592331 | 0.11635689 | -0.00010400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11646099 | 2024-11-20 03:46:24 |