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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Japanese Yen/South African Rand (FOREX:JPYZAR)

Countertrend Down (-85) - JPYZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_JPYZAR
Open High Low JPYZAR Price Change
0.12616419 0.12907643 0.12616283 0.12883697 +0.00267300
Entry Signal

MarketClub’s Trade Triangles for JPYZAR

long term down The long-term trend has been DOWN since Oct 15th, 2021 at 0.12781422

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.13249032

short term up The short-term trend has been UP since Oct 12th, 2021 at 0.13333862

Smart Scan Analysis for JPYZAR

Based on our trend formula, JPYZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JPYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12616419 0.12907643 0.12616283 0.12883697 +0.00267300
Prev. Close Volume Bid Ask Time
0.12616419 2021-10-21 17:13:50
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