Forex Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Khazanah Sukuk/Japanese Yen (FOREX:LFXJPY)
Sidelines Mode (-55) - LFXJPY 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 LFXJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for LFXJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LFXJPY
The long-term trend has been UP since Oct 11th, 2021 at 57.4165
The intermediate-term trend has been DOWN since Jan 21st, 2022 at 57.4885
The short-term trend has been UP since Jan 26th, 2022 at 57.5855
Smart Scan Analysis for LFXJPY
Based on our trend formula, LFXJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).